In one Asian country, scientists developed a new technology that made housing construction more efficient. They saw increased production in housing and electronics. How did the development in construction most likely lead to an increase in electronics?

a. The government subsidized the electronics industry so it would not fall behind.
b. It motivated electronics engineers to outcompete the construction engineers.
c. Some resources previously used in construction were shifted to electronics.
d. Both industries used the exact same tools and technology.


c. Some resources previously used in construction were shifted to electronics.

Economics

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Discuss the differences between Keynesian and supply-side fiscal policies

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Based on the information in the table, how big is the labor force? Population 16 and older1,000,000Participation Rate80%Employed Workers720,000  

A. 576,000 B. 800,000 C. 720,000 D. 1,000,000

Economics

Negative externalities might be reduced by creating new rights, which we would describe as ________

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Economics