All of the following statements regarding offshoring are true except _____________
A. Offshoring is limited to low-skill jobs
B. Art director and animal scientist jobs are low in susceptibility to offshoring.
C. Medial transcriptionists and proof-readers are high in susceptibility to offshoring.
D. Labor costs and proximity to customers affect offshoring decisions.
A. Offshoring is limited to low-skill jobs
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Gary usually does not donate for charity. However, he donated money for an environmental awareness campaign launched by his friend. This is an example of ________
A) rationalism B) pure altruism C) impure altruism D) liberalism
Refer to Table 9-12. All of the following are terms of trade that could possibly benefit both countries except
A) 1 belt : 1.75 swords. B) 1 belt : 1.25 swords. C) 1 belt : 1.33 swords. D) 1 belt : 2.25 swords.
The United States has a much higher national debt as a percentage of GDP compared to other industrialized nations
a. True b. False Indicate whether the statement is true or false
Lisa's hourly pay increases from $8 to $10 as her performance improves. We can conclude that:
a. her marginal cost of leisure declines. b. her opportunity cost of leisure increases. c. her opportunity cost of work increases. d. her marginal cost of work declines.