1. Labor mobility is the mechanism that labor markets use to improve the ______________________________ of _____________________ to ____________________.
2. Briefly explain the four types of mobility.
3. What is the formula for calculating the net present value of migration? How do you interpret the results?
4. Using examples, discuss the main determinants of migration.
5.
a) What are the three components of the Schooling Model?
b) What is the opportunity cost of going to school?
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