Globalization ________ the wages of workers in the exporting industries and ________ the wages of workers in the import-competing industries.
A. raises; raises
B. lowers; raises
C. raises; lowers
D. raises; does not change
Answer: C
Economics
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Which of the following represents a good example of an oligopoly?
A) the agriculture industry B) a public utility C) the automobile industry D) the restaurant industry
Economics
If the Federal funds rate:
a. Increases, the prime interest rate will increase b. Decreases, the prime interest rate will not change c. Decreases, the prime interest rate will increase d. Increases, the prime interest rate will decrease
Economics