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Author Question: During the time period of 1981-1983 what dramatic world issue happened? A) political instability, ... (Read 212 times)

torybrooks

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on: Jun 30, 2018
During the time period of 1981-1983 what dramatic world issue happened?
 
  A) political instability, insecure property rights
  B) stock market crashed
  C) world wide hyperinflation
  D) the collapse of the U.S. mortgages market
  E) A world economic recession caused developing countries to not be able to make payments on foreign loans, in turn causing a universal default.

Question 2

If a good is labor intensive it means that the good is produced
 
  A) using relatively more labor than goods that are not labor intensive.
  B) using labor as the only input.
  C) using more labor per unit of output than goods that are not labor intensive.
  D) using labor such that the total cost of labor is greater than the total cost of capital.
  E) using labor such that the cost of labor is more than 50 of total cost.


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scrocafella

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Reply #1 on: Jun 30, 2018
Answer to Question 1

E

Answer to Question 2

A


torybrooks

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Reply #2 on: Jun 30, 2018
Thank you


scrocafella

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Reply #3 on: Jun 30, 2018
No problemo


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