In poorer countries, free trade ________ the demand for labor in these countries and ________ the wages paid in these countries

A) decreases; lowers
B) decreases; raises
C) increases; lowers
D) increases; raises


D

Economics

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An increase in the capital stock causes labor productivity to

a. decrease and the standard of living to increase b. increase and the standard of living to decrease c. decrease and the standard of living to decrease d. increase while the standard of living remains constant e. increase and the standard of living to increase

Economics

An important feature of the internally generated business cycle theory is the role that

a. expectations play in determining levels of investment b. fiscal policy plays in stimulating investment c. changes in interest rates play in determining levels of investment d. technology plays in determining levels of investment e. innovations play in determining levels of investment

Economics

Explain the main arguments in favor of economic stabilization

Economics