Five million people working in the manufacturing sector in the United States have lost their jobs between 2000 and 2015, but as of 2013 affiliates of foreign multinationals employed more than 6 million workers in the United States.
Answer the following statement true (T) or false (F)
True
Service and other types of manufacturing have reabsorbed many of those who lost their jobs in manufacturing.
Economics
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The short run is a period of time in which
A) the quantity of at least one factor of production is fixed. B) the amount of output is fixed. C) prices and wages are fixed. D) nothing the firm does can be altered.
Economics
A decline in the quantity of real output demanded along the aggregate demand curve is a result of a(n):
a. Decrease in the price level b. Decrease in the level of income c. Increase in the level of income d. Increase in the price level
Economics