"Offshoring":
A. is the movement of money to foreign bank accounts.
B. is the shifting of work previously done by domestic workers to workers located in other countries.
C. applies only to manufactured goods.
D. hurts all domestic industries in a country.
B. is the shifting of work previously done by domestic workers to workers located in other countries.
You might also like to view...
Which of the following can shift the labor demand curve to the right?
a. Decrease in product price. b. Increase in wages. c. Decrease in wages. d. Decrease in the MP. e. Increase in productivity.
Who are the only ones not affected by a Pigouvian tax when a negative externality exists in a market?
A. Producers B. Consumers C. Those affected by the externality D. All of these groups are affected when it becomes internalized.
The marginal propensity to consume (MPC) is the slope of the:
a. GDP curve. b. disposable income curve. c. consumption function. d. autonomous consumption curve.
Property taxes are the main source of funding for public schools
a. True b. False Indicate whether the statement is true or false