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Author Question: Jobs lost to outsourcing can be partially offset by jobs gained from A) increased output from ... (Read 546 times)

crazycityslicker

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Jobs lost to outsourcing can be partially offset by jobs gained from
 
  A) increased output from another industry. B) greater trade imbalances.
  C) higher opportunity costs. D) higher production costs.

Question 2

The short-run and long-run aggregate supply curves remain stable, and a decrease in aggregate demand occurs. What is the result in the short run?
 
  A) A period of recession and a rise in the unemployment rate could occur.
  B) A period of expansion and a rise in the unemployment rate could occur.
  C) An increase in the price level and real GDP will occur.
  D) The price level will fall but real GDP will remain the same.


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sabina576

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