If companies from foreign countries build and operate factories in China, then China's productivity
a. and the wages of Chinese workers increase.
b. increases but the wages of Chinese workers decrease.
c. decreases but the wages of Chinese workers increase.
d. and the wages of Chinese workers decrease.
a
Economics
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The economic theory that emphasizes the role of difficulties in coordinating economic affairs as a cause of economic fluctuations is known as
A) investment cycle theory. B) real business cycle theory. C) technology shock theory. D) Keynesian economics.
Economics
The portion of US debt owned by various government trust funds
A. peaked in 2010. B. has remained constant (by law). C. continues to rise. D. dropped to an all-time low in 2015.
Economics