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Author Question: How does the U.S. federal government assist workers who have lost their jobs due to international ... (Read 127 times)

Yi-Chen

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on: Jun 29, 2018
How does the U.S. federal government assist workers who have lost their jobs due to international trade?
 
  What will be an ideal response?

Question 2

According to new growth theory,
 
  A) growth in real GDP per capita occurs only if there are increasing returns.
  B) technological change is influenced by economic incentives.
  C) economic growth is determined by forces outside the control of the market system.
  D) centrally-planned economies are the most efficient.


SeanoH09

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Reply #1 on: Jun 29, 2018
Answer to Question 1

The federal government uses the Trade Adjustment Assistance Program to provide funds for workers who have lost their jobs due to international trade. Qualified unemployed workers can use these funds to pay for retraining, for searching for new jobs, or for relocating to areas where new jobs are available.

Answer to Question 2

B


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