Chandler (1994) maintains that domestic labor productivity has a tendency to dip with
(a) a decrease in the variety and number of new goods and services.
(b) flat consumer demand.
(c) increased foreign competition.
(d) all of the above.
(d)
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Changes in domestic and foreign income result in:
A) movements along the demand and supply curves of the foreign exchange market. B) shifts in the demand and supply curves of the foreign exchange market. C) all of the above. D) none of the above.
The way we know what commodities are relatively scarce or abundant is through
A) transaction costs. B) prices. C) price ceilings. D) price floors.
The unemployment rate tells us:
A. what percentage of the labor force want to work and can't find a job. B. who is being affected by the fluctuations of the economy. C. how to solve the problem of unemployment. D. what portion of the population is causing the economy to languish.
Supply chain management is a recent development in organizational structure
Indicate whether the statement is true or false