European Union labor costs exceed U.S. and British labor costs primarily because
a. worker productivity is lower in the EU
b. union wages are higher in the EU
c. layoffs and plant closings are more restrictive in the U.S. and Britain
d. the amount of paid time off is higher in the EU
e. labor-management relations are better in the EU
d
Economics
You might also like to view...
In the market processes resources end up being located in their
A) highest valued use. B) next best use. C) proper use. D) none of these choices.
Economics
If consumers expect the price of gasoline to increase tomorrow, the demand for gasoline today:
a. is likely to remain unchanged. b. is likely to decline substantially. c. is likely to be zero. d. is likely to increase.
Economics