The Todaro model suggests that rural urban migration depends on
a. the gap between rural and urban wages
b. the gap between rural and urban wages modified by the likelihood of obtaining a job in the city
c. the gap between rural and urban wages modified by the likelihood of having a family member alreadyin the city
d. the gap between rural and urban wages modified by government-provided employment possibilities inthe city
e. none of the above
B
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Full employment is the situation in which the economy operates at an unemployment rate equal to the sum of
a. structural and frictional unemployment. b. cyclical and frictional unemployment. c. structural and cyclical unemployment. d. structural, frictional, and cyclical unemployment.