The reasons why per capita GDP in the U.S. is significantly higher than in some other rich countries like, say, France include the following, except:
A. U.S. citizens put in substantially more work hours than do citizens of France
B. Cultural differences between the U.S. and France regarding the right balance between
labor and leisure
C. Differences in the tax structure and the resulting incentive effects of taxes
D. Differences is the communication technology due to language differences
D. Differences is the communication technology due to language differences
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There is clear evidence of a race-to-the-bottom internationally, regarding working conditions and the environment
Indicate whether the statement is true or false
Workers who organize to bargain collectively for wages and working conditions form a
a. joint council b. labor cartel c. labor federation d. collective e. labor union
Which of the following countries has the largest quota subscription at the IMF?
A. United States B. Russia C. Japan D. China
The percentage of workers who work part time for noneconomic reasons
A) has decreased from 30 percent of the labor force in 1980 to 20 percent in 2011. B) does not fluctuate much at all with the business cycle. C) has trended upward since 1980. D) fluctuates strongly with the business cycle. E) decreases during a recession as the number of discouraged workers increases.