Unemployment benefits tend to be:
A. more generous in Europe, and this leads to fewer and shorter spells of unemployment.
B. more generous in Europe, and this leads to more and longer spells of unemployment.
C. less generous in Europe, and this leads to more and longer spells of unemployment.
D. less generous in Europe, and this leads to fewer and shorter spells of unemployment.
Ans: B. more generous in Europe, and this leads to more and longer spells of unemployment.
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Patterns of interregional trade are primarily determined by ________ rather than ________ because factors of production are generally ________
A) external economies; natural resources; mobile B) internal economies; external economies; mobile C) external economies; population; immobile D) internal economies; population; immobile E) population; external economies; immobile
Ideally, a free trade policy should be accompanied by
a. a public education program to make the benefits known. b. open borders and amnesty for all undocumented workers. c. programs to ensure no one loses a job as a result of foreign competition. d. programs to assist workers who lose their jobs to foreign competition.
The initial companies in the United States in the 1800s failed after following the design of the railroad system because ________.
A. global competition made labor cheaper abroad B. managers could not handle the complexities C. managers became greedy and workers began to shirk D. monitoring costs increased rapidly
Ceteris paribus, which of the following will cause a rightward shift of the supply curve for plasma TVs?
A.) An increase in the cost of materials associated with the production of plasma TVs. B.) A decrease in the quantity of labor available to produce plasma TVs. C.) A subsidy paid to the producers of plasma TVs. D.) A decrease in the price of plasma TVs.