Question

Migration from Europe to the United States during 1870-1913 did the following to the factor prices in the U.S. It increased the rewards of labor and land. It increased the reward of labor and reduced the reward of land. It increased the reward of land and reduced the reward of labor. It reduced the rewards of land and labor. The migration of Indian origin workers from Fiji to Australia in the 1980s did which of the following?
a) It increased the wage in Australia
b) It reduced the wage in Fiji
c) It increased the schooling of workers left behind in Fiji
d) It increased the rent of land in Fiji

Answer 1

Answer:

It increased the reward of land and reduced the reward of labour.

c

Explanation:

Migration can be described as the movement from one country or region to another country or region.

Migration of labour from Europe to the United States would increase the supply of labour in the United States and reduce the supply of labour in Europe.

As a result of the increase in supply of labour , there would be a decrease in the wages paid to labour.

Also, due to increase in labour in the US, the demand for land would increase. Land would be needed for either economic activities or housing. the increase in demand for land which would outstrip the supply for land would lead to an increase in the price of land

As a result of the migration of labour from Fiji to Australia ,

1. the rent of land in Fiji would fall due to decreased demand
2. the wages paid to labour in Australia would fall due to an increase in the supply of labour
3. the wages paid in Fiji would increase because there would be a fall in the supply of labour