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

Economics

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Unlike nonrenewable resources, the timing of extraction of renewable resources are independent of the market rate of interest

a. True b. False Indicate whether the statement is true or false

Economics

As a firm increases its output in the short run, average fixed cost

a. rises steadily b. falls and then rises c. falls steadily d. rises and then falls e. remains unchanged

Economics