Excessive dependence on cheaper foreign imports can cause a(n) ________ in certain sectors of the economy.
A) leftward shift in the domestic labor demand curve.
B) upward movement along the domestic labor demand curve.
C) rightward shift in the domestic labor demand curve.
D) downward movement along the domestic labor demand curve.
Question 2
The Consumer Price Index (CPI) differs from a chain-weighted price index in that the CPI
A) compares the prices of all goods in one year to the prices of all goods in other years.
B) measures the costs of a typical fixed basket of goods over time, while the chain-weighted index does not.
C) requires calculation of GDP, while the chain-weighted index does not.
D) allows for the goods consumed in an economy to change over time, while the chain-weighted index does not.
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