Currently, how much of the U.S. national debt is owed to foreigners?
a. About 2.5 percent.
b. About 25 percent.
c. About 30 percent.
d. About 59 percent.
c
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Tesla Motors manufacturers its cars at a plant in Fremont, California
At this plant, Tesla is able to take advantage of the high level of technical training possessed by its American workers, but it also sacrifices the ability to pay lower wages had it chosen to open its plant in a low-wage country such as Mexico, India, or China. In deciding to open the Fremont plant, Tesla A) eroded some of its competitiveness in the luxury electric car market because of its increased cost of production. B) faced a trade-off between higher cost and lower precision. C) faced no trade-offs because employing more technically-skilled workers increased efficiency. D) adopted a negative technological change because it chose high-skilled workers over low-paid workers.
Many people are offended when they learn that the CEO of a charitable organization makes a salary commensurate with a CEO of a private company that is run for profit
Explain why it would be a mistake for charitable organizations to pay their CEOs less than companies that are driven by profit?
If a union is able to increase the demand for union-made goods,
a. wages will increase but employment will decrease b. wages will increase and employment will increase c. wages will decrease but employment will increase d. wages will decrease and employment will decrease e. the demand for non-union labor will increase
One reason we use paper money instead of gold coins in the Unites States today is because it:
A. is more convenient. B. has no intrinsic value. C. is easier to control its worth. D. has a more stable value.