Article Summary
Unlike in many nations, when the financial crisis hit in 2008 the Polish economy continued to grow, but due to a current slowdown in exports and domestic demand, Poland is expecting a large outflow of workers. Unemployment was expected to grow to 14 percent in Poland in 2013, and according to Krystyna Iglicka, a demographer at Lazarski University in Warsaw, "…Poles have always treated emigration as a way of improving their lot." Despite earning relatively low salaries in Western European countries, on average just over €2,000 (about $2,660) a month according to the National Bank of Poland, this is still four times more than workers would earn on average by staying in Poland. Iglicka predicts that between 500,000 and 800,000 Poles will emigrate from Poland over the next five years.
Source: Jan Cienski, "Poland braces for fresh exodus of workers," Washington Post, January 22, 2013.
-Refer to the Article Summary.If an outflow of workers leaves Poland with a smaller but more productive workforce and the capital per hour worked does not change,there will be ________ the per-worker production function in Poland.
A) a movement up
B) a movement down
C) an upward shift of
D) a downward shift of
Correct Answer:
Verified
Q94: The Soviet Union consistently increased the amount
Q95: Figure 11-3 Q96: If there is a change in the Q97: Which factors explain labor productivity? Q98: Which of the following describes the Soviet Q100: Article Summary
A)technological change; the
Unlike in many nations, when the
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