Which of the following is not a potential source of comparative advantage for China in the manufacturing sector?
A) Abundant low wage, low skill workers
B) A large domestic market that can lead to scale economies
C) Coastal areas with good logistics for international trade
D) Abundant credit from China's government sector to set up manufacturing operations
D
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Two factors that have contributed to an increase in income inequality are
A) outsourcing of jobs and tax increases. B) economic growth and low inflation. C) technological change and globalization. D) low interest rates and a strong U.S. dollar.
If P were 6, V were 10, and Q were 2,000, how much is M?
What will be an ideal response?
Information that is difficult to measure is called
a. quantitative b. qualitative c. longitudinal d. dependent
Which of the following is most important in increasing the rate of economic growth?
A. A highly progressive tax structure. B. High interest rates on time deposits. C. Increasing the percentage of GDP used for investment. D. A constant supply of funds available to investors. E.Reducing inequality of income and wealth.