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tameeka314 tameeka314
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6 years ago
Disguised unemployment refers to workers whose
 
  a. marginal product exceeds the wage
  b. marginal product exceeds the average product
  c. marginal product is less than the wage
  d. marginal product is less than that of co-workers
  e. none of the above


Question 2 - If the U.S. dollar and British pound have a flexible exchange rate, and the U.S. dollar changes so that one needs more dollars to buy one pound, the currency has
 
  A) depreciated.
  B) appreciated.
  C) devalued.
  D) revalued.


Question 3 - The fact that developed countries have strong, widely attended university systems indicates that
 
  (a) university expansion should be a development priority.
  (b) universities teach skills used on the job.
  (c) developing countries place too much stress on agriculture.
  (d) none of the above.


Question 4 - Explain what is meant by capital flight. How would you distinguish capital flight from the normal desire of investors to diversify their portfolios by investing abroad?
 
  What will be an ideal response?
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Zhengbo Y.Zhengbo Y.
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6 years ago
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tameeka314 Author
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#2
6 years ago
What an awesome place to get free homework help
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#3
6 years ago
What makes it awesome is that you posted, thanks for trusting us
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