The average American's standard of living continues to improve due to two key factors. What are these factors? Provide explanatory comments about each factor
What will be an ideal response?
The two key factors appear to be the shift in women's roles and increases in educational attainment.
a. The shift in women's roles—Mothers with preschool children are the fastest-growing segment of working people, many of them working in high-paying occupations. This increase is a primary reason for the rapid growth of middle-and upper-income families.
b. Increases in educational attainment—college graduates earn about 50 percent more than those who have only graduated from high school.
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Which of the following trade alliances is likely to promote economic cooperation between Australia, Canada, and Singapore?
What will be an ideal response?
Discuss briefly the state of business ethics in recent times, including 2012, the "summer of shame."
What will be an ideal response?