As a result of outsourcing,
A. Unemployment must increase in the long run.
B. GDP definitely decreases.
C. Profits decrease for domestic companies.
D. Domestic workers may become more productive.
Answer: D
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One purpose of interest-rate ceilings was to: a. establish a ceiling on bank profits
b. establish a floor on bank profits. c. encourage competition in other areas. d. eliminate the need for the FDIC. e. reduce the chance of bank failures.
Since its inception in January 1999 until 2011, the dollar has consistently appreciated against the euro
a. True b. False Indicate whether the statement is true or false
A country recently had 500 billion euros of national saving and -200 billion euros of net capital outflow. What was its domestic investment? What was its quantity of loanable funds supplied?
The reason that land is more valuable at one location than another is because
A. rents are higher there. B. the demand for that land has bid up its price. C. the supply of that land is more limited than at other locations.