In modern economies,
A) restrictions on international labor mobility are common.
B) labor is far more mobile internationally than capital.
C) restrictions on international labor mobility are rare.
D) labor is far more mobile internationally than it is intra-nationally.
E) outsourcing increases international labor mobility.
A
You might also like to view...
Changes in demand will often be met with changes in output rather than changes in prices because of formal and informal contracts
Indicate whether the statement is true or false
In which of the following countries do elective medical procedures generally receive lower priority, often resulting in longer waiting times than are common under more privately-funded systems?
A) Japan and the United States B) Japan and Canada C) Canada and the United Kingdom D) the United Kingdom and the United States
A typical neoclassical aggregate supply (AS) curve ______________ and a typical neoclassical Phillips curve __________________.
a. slopes upward; slopes downward b. is vertical; is vertical c. is vertical; slopes downward d. slopes upward; is vertical
When the absolute price elasticity of demand is greater than 1, demand is
A) elastic. B) unit-elastic. C) inelastic. D) undetermined without more information.