Five million people working in the manufacturing sector in the United States have lost their jobs between 2000 and 2015, but as of 2013 affiliates of foreign multinationals employed more than 6 million workers in the United States.
Answer the following statement true (T) or false (F)
True
Service and other types of manufacturing have reabsorbed many of those who lost their jobs in manufacturing.
You might also like to view...
Suppose Happy Cows has a marginal cost equal to 0.5Q and Free Cows has a marginal cost equal to 2Q.
A) All else equal, neither Free Cows nor Happy Cows can benefit from an accurate forecast. B) All else equal, an accurate forecast is more valuable to Free Cows than Happy Cows. C) All else equal, an accurate forecast has the same value to both Free Cows and Happy Cows. D) All else equal, an accurate forecast is more valuable to Happy Cows than Free Cows.
Which of the following products is most likely to be produced by a perfectly competitive firm?
a. color televisions b. breakfast cereal c. legal services d. corn e. notebook computers
Of the following, which would not be considered an unconventional monetary policy approach?
A. Discount rate B. Policy duration commitment C. Credit easing D. Quantitative easing
An economic expansion in the United States ________ the demand for exports from Mexico resulting in an increase in Mexican autonomous expenditures and a(n) ________ output gap in Mexico.
A. reduces; expansionary B. increases; recessionary C. increases; expansionary D. reduces; recessionary