Question

Use the passage to answer the questions. Which downside of free trade caused Nelson to lose his job? (1 point) Responses importing importing outsourcing outsourcing exhanging exhanging exporting
Answer
What is one way that the Arkansas government could convince the company to keep the factory open in Arkansas? (1 point) Responses It could grant a subsidy to Arkansas businesses in that industry. It could grant a subsidy to Arkansas businesses in that industry. It could pass a law making it illegal to close the factory. It could pass a law making it illegal to close the factory. It could pass a tariff on auto parts made outside the state of Arkansas. It could pass a tariff on auto parts made outside the state of Arkansas. It could forbid Arkansas businesses from buying products made by that company.
Answer
Which statement best explains why division of labor increases labor productivity? (1 point) Responses Employers can pay workers more money when they get more done. Employers can pay workers more money when they get more done. Employers must fire some of their workers so fewer people have to get the work done. Employers must fire some of their workers so fewer people have to get the work done. Workers learn to do their jobs more quickly when they repeat the same tasks. Workers learn to do their jobs more quickly when they repeat the same tasks. Workers try to work more quickly because their jobs are more boring.
Answer
A country has an economic boom and can afford to increase imports from a second country. What is likely to happen in the second country? (1 point) Responses a recession a recession an economic boom an economic boom a depression a depression increased taxes
Answer
Which industry has thrived in Arkansas thanks to the state’s location in the country and its system of highways? (1 point) Responses commercial fishing commercial fishing automobile manufacturing automobile manufacturing trucking trucking entertainment
Answer
Which of these is a non-monetary positive incentive for entrepreneurs? (1 point) Responses the need to hire and train workers the need to hire and train workers the risks of starting a new enterprise the risks of starting a new enterprise the satisfaction of creating new products the satisfaction of creating new products the responsibilities of running a business
Answered by GPT 3.5
outsourcing caused Nelson to lose his job.
Answered by GPT 3.5
It could grant a subsidy to Arkansas businesses in that industry.
Answered by GPT 3.5
Workers learn to do their jobs more quickly when they repeat the same tasks.
Answered by GPT 3.5
an economic boom
Answered by GPT 3.5
trucking
Answered by GPT 3.5
the satisfaction of creating new products