The benefits to the United States of outsourcing include all of the following except

A. Foreign firms insource or send jobs to the United States.
B. U.S. productivity rises, resulting in higher profits at U.S. firms that outsource.
C. Greater domestic investment by U.S. firms that outsource.
D. Higher domestic labor cost for U.S. firms.


Answer: D

Economics

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Which of the following is true of firms in both monopolistic competition and perfect competition?

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Is the United States a service economy? Explain based on the types of personal consumption expenditures

What will be an ideal response?

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If quantity demanded does not change when the price changes, the demand:

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Economics