Refer to Scenario 14.4. Suppose that the price of the product rises to $5, the price of labor

A) will decrease.
B) will increase.
C) will not change.
D) will change in an indeterminate fashion.

B

Economics

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Fair trade products consist of goods:

A) that are usually imported from the developing nations. B) the production of which involves child labor. C) that are available in all countries across the globe. D) that are exported only by the developed nations.

Economics

In the next several decades, the dependency ratio relevant to the Social Security system is expected to ________

A) remain largely unchanged B) rise C) fall D) fluctuate unpredictably

Economics