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Author Question: Between 1980 and 2014, income inequality in the United States has increased in part due to expanding ... (Read 186 times)

bclement10

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on: Jun 29, 2018
Between 1980 and 2014, income inequality in the United States has increased in part due to expanding international trade. How does expanding international trade contribute to income inequality?
 
  A) It reduces the cost of producing goods and therefore lowers the value of labor's services.
  B) It allows producers to exploit workers and reduce the wages they are willing to pay workers.
  C) It increases the demand for a wide array of products which in turn increases prices beyond the reach of average-income individuals.
  D) Domestic firms can now hire low-skilled workers anywhere in the world, putting U.S. workers in competition with foreign workers. This has caused the wages of unskilled workers to be depressed relative to the wages of other workers.

Question 2

Refer to Figure 21-6. The market is in equilibrium. If the government budget deficit rises, which of the following would you expect to see?
 
  A) The quantity of loanable funds demanded by firms will fall below 120 million.
  B) The interest rate will fall below 4 percent.
  C) The quantity of loanable funds demanded by firms will rise above 120 million.
  D) The budget deficit will have no impact on the quantity of loanable funds demanded by firms.
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tkempin

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Reply #1 on: Jun 29, 2018
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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bclement10

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Reply 2 on: Jun 29, 2018
Great answer, keep it coming :)

6ana001

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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