One concern about globalization is that while it may be benefiting ____________ workers in the United States, it may also impose costs on ____________ workers.
a. low-skilled, low-wage; high-skilled, high-wage
b. high-skilled, high-wage; low-skilled, low-wage
c. low-skilled, low-wage; semi-skilled, medium-wage
d. semi-skilled, medium-wage; high-skilled, high-wage
b. high-skilled, high-wage; low-skilled, low-wage
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Economics could be defined as the study of scarcity
a. True b. False Indicate whether the statement is true or false
In comparing the changes in actual budget surplus and the structural surplus between 1993 and 1999, it is clear that the
a. actual surplus rose less than the structural surplus. b. actual surplus and the structural surplus rose about the same. c. actual surplus rose much more than the structural surplus. d. tax increases of 1993 decreased the structural surplus more than they decreased the actual surplus.