Trade theory suggests that increased trade leads to increased wage equality
Indicate whether the statement is true or false
FALSE
You might also like to view...
A circuit breaker is concerned with
A. faulty tax wiring. B. residential property taxes. C. corporate tax systems. D. block grants.
Some business practices that appear to reduce competition, such as resale price maintenance, may have legitimate economic purposes
a. True b. False Indicate whether the statement is true or false
Which of the following sequences caused E1 to shift to E2?
a. S1 shifted to S2, but D1 shifted further to D2, thereby causing P2 to move to P1 and Q2 to move to Q1.
b. D1 shifted to D2, but S1 shifted further to S2, thereby causing P2 to move to P1 and Q2 to move to Q1.
c. D1 shifted to D2, but S1 shifted further to S2, thereby causing P1 to move to P2 and Q1 to move to Q2.
d. S1 shifted to S2, but D1 shifted further to D2, thereby causing P1 to move to P2 and Q1 to move to Q2.
Among the reasons for high CEO pay are all of the following EXCEPT
A. a corporate board might make the CEO job higher-paying in order to entice lower-level corporate officers to put forth maximum effort as they try to achieve the top position. B. paying CEOs with stock in the company will motivate the CEO to do what is in the best interests of the shareholders, and these stock packages might be very large to motivate more. C. shareholders might benefit from the prestige of investing in a company with a CEO who enjoys a high standard of living. D. the people who are capable of doing the work required of a top corporate officer are relatively scarce.