"The United States has fallen behind Japan and most of Europe in terms of competitiveness." Do you agree or disagree? Why?
What will be an ideal response?
Disagree. According to the Institute for Management Development, the United States leads the industrial countries in international competitiveness.
Economics
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Adverse selection is more likely when
a. a job requires specific training b. a job requires intangible or unmeasurable abilities c. the wage offered is above the average of all wages in the market d. the wage is based on true marginal revenue products e. performance can be monitored closely
Economics
How are changes in one currency mirrored in changes in some other foreign currency?
What will be an ideal response?
Economics