Which of the following observations about outsourcing is true for ...

[abarnes]

Which of the following observations about outsourcing is true for the U.S. economy?
 a. The U.S. is the smallest international outsourcer in terms of dollar value.
  b. About 30 percent of U.S. manufacturing costs were outsourced in 2003.
  c. The highest percentage of outsourcing by U.S. businesses in 2003 was to other firms located in the United States.
  d. Imports of business services by the U.S. made up around 2.5 percent of gross domestic product in 2003.

Question 2

Generally, microeconomics
 A) has little to say about the entrepreneur
  B) says a good bit about the entrepreneur.
  C) equates the entrepreneur and the manager.
  D) equates management and shareholders.

[bdobbins]

Answer to Question 1

C

Answer to Question 2

A

[abarnes]

Thank you

[bdobbins]

No problemo