Figure 6 shows the migration rate M(t) of Ireland in the period1988–1998. This is the rate at which people (in thousands per year) movedinto or out of the country.(a) Is the following integral positive or negative? What does this quantityrepresent?1998M(t) dt1988(b) Did migration in the period 1988–1998 result in a net influx of peopleinto Ireland or a net outflow of people from Ireland?(c) During which 2 years could the Irish prime minister announce,"We've hit an inflection point. We are still losing population, but the trendis now improving."M(t)30201019941988 1990/ 19921996 1998 2000-10 --20-30-40-50-FIGURE 6 Irish migration rate (thousands per year).

(a) The area below the t-axis is greater than the area of the above t-axis. Therefore the given…

Answered: Figure 6 shows the migration rate M(t)…

Essentials of Economics (MindTap Course List)

8th Edition

ISBN:9781337091992

Author:N. Gregory Mankiw

Publisher:N. Gregory Mankiw

Chapter20: Unemployment

Section: Chapter Questions

Problem 1CQQ

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