Interindustry capital and labor mobility should have all of the following consequences EXCEPT?
a. Workers in poor countries become wealthier.
b. Owners of capital in rich countries become wealthier.
c. Owners of capital in poor countries are relatively worse off but absolutely better off.
d. Labor in rich countries do relatively better.
Ans: d
You might also like to view...
Metropolitan statistical areas typically have populations of ______ consist of a city of ______ or more people
a. 500,000 b. 100,000 c. 50,000 d. 10,000
______ receives about 65 percent of the federal funds that are transferred to state governments.
a. Education b. Medicaid c. Medicare d. Social Security
Jackie's friend tells her what to do in her personal life based on her "gut instincts." A more formal name for this source of knowledge is
a. rationalism. b. hypothesis testing. c. appeal to authority. d. intuition.
The type of law that assumes that human beings living in a state of nature possess certain fundamental rights that they brought with them into organized society is
A) common law. B) positive law. C) sociological law. D) natural law. E) religious law.