TRUE OR FALSE 1. Correcting factor price distortions is a function of the government. 2. Harris-Todaro Migration Model related the demand and supply of workers specifically in the manufacturing sector. 3. Migration decision of Filipinos is always an economic decision.
TRUE OR FALSE 1. Correcting factor price distortions is a function of the government. 2. Harris-Todaro Migration Model related the demand and supply of workers specifically in the manufacturing sector. 3. Migration decision of Filipinos is always an economic decision.
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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Write if the statement is TRUE or FALSE
![TRUE OR FALSE
1. Correcting factor price distortions is a function of the government.
2. Harris-Todaro Migration Model related the demand and supply of workers specifically in the
manufacturing sector.
3. Migration decision of Filipinos is always an economic decision.
4. When wage differential is negligible, rural to urban migration will not be much of a problem.
5.
When a company serves slum areas, it will surely have difficulty in achieving its economic and
financial bottom-line of profit.
6. Rural-urban migration, as an economic issue, is ba
about income and employment.
7. In the Philippines, there is no concrete policy on rural-urban migration.
8. The location choices of big labor- intensive companies will have bearing on migration between
rural and urban areas.
9. Labor turnover is faster in urban companies than in rural companies.
10. The presence of shanty towns relates to a nation's GINI coefficient.](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fcd12cd7a-55a3-4bc0-9c97-bfe9b65f132e%2F1057c0c7-470a-4181-8ee8-f4b94b3a393f%2Fjtderqv_processed.png&w=3840&q=75)
Transcribed Image Text:TRUE OR FALSE
1. Correcting factor price distortions is a function of the government.
2. Harris-Todaro Migration Model related the demand and supply of workers specifically in the
manufacturing sector.
3. Migration decision of Filipinos is always an economic decision.
4. When wage differential is negligible, rural to urban migration will not be much of a problem.
5.
When a company serves slum areas, it will surely have difficulty in achieving its economic and
financial bottom-line of profit.
6. Rural-urban migration, as an economic issue, is ba
about income and employment.
7. In the Philippines, there is no concrete policy on rural-urban migration.
8. The location choices of big labor- intensive companies will have bearing on migration between
rural and urban areas.
9. Labor turnover is faster in urban companies than in rural companies.
10. The presence of shanty towns relates to a nation's GINI coefficient.
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