A falling natural-employment deficit indicates that
A) the growth rate in the economy has increased.
B) the government is following a restrictive fiscal policy.
C) the government is following an expansionary fiscal policy.
D) the actual surplus is rising.
B
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Which is least accurate about foreign trade?
a. In the early 1900s, the most industrialized nations exported foodstuffs and raw materials to the least developed countries. b. After the Civil War, rapid improvements in communications, like the first successful transatlantic cable, lowered the price of trade. c. After the Civil War, rapid improvements in transportation, like the opening of the Suez Canal and developments of railroads, reduced the price of shipping. d. In the late 1800s and early 1900s the network of international trade assumed many of its modern characteristics.
The choice between specialized and broad task assignments depends on
A. the principle of separation of decision management and control. B. politicking and other influencing activities carried on within an organization. C. technological, informational, and incentive issues. D. the principle of comparative advantage to increase the output level.