The growth of clothing exports originating in Bangladesh is the result of the
A) high productivity of workers in Bangladesh.
B) low wages in Bangladesh.
C) low productivity of workers in other countries.
D) low productivity of workers in Bangladesh in industries other than those that produce clothing for export.
E) high wages in other countries.
D
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What three factors affect the demand for money?
What will be an ideal response?
Say's law
A) explains the role of money. B) deals with interest rates, employment, and production. C) was accepted and praised by John Maynard Keynes. D) None of the above.
Refer to the above table. For which prices is demand unit-elastic?
A) in a range of prices below $6.50 B) in a range of prices above $6.50 C) in a range of prices between $5 and $10 D) in a range of prices between $6 and $6.50
In order to get his bachelor's degree, Timothy gave up an offer for a full time job as a bartender. Therefore, Timothy incurred an opportunity cost.
Answer the following statement true (T) or false (F)