All of the following are true about outsourcing of jobs except that it

A. Reduces costs and increases profits for companies.
B. Ultimately leaves the United States worse off.
C. Increases specialization.
D. Occurs because labor is cheaper in other countries.


Answer: B

Economics

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Environmentalists worry that economic growth imposes costs on society. Among these costs are

a. pollution. b. crowding. c. waste disposal. d. All of the above are costs.

Economics

Fiscal policy includes all of the following EXCEPT

A. changing taxes. B. policies that influence the rate of growth of the money supply. C. changing government spending. D. policies that influence aggregate demand.

Economics

A. increase the prices of U.S. imports but decrease the prices of U.S. exports

A. make Mexico's exports and imports both more expensive. B. make Mexico's exports more expensive and its imports less expensive. C. make Mexico's exports less expensive and its imports more expensive. D. increase Mexican exports.

Economics

The online encyclopedia known as Wikipedia is an example of a public good that provides information. Explain why this good did not need to be provided by the government

What will be an ideal response?

Economics