Question
Question 1 (3 points)
Which explains why immigration can lead to a decrease in wages?
Question 1 options:
Immigration is controlled by the government.
Immigration often results from outsourcing.
Immigration increases the supply of labor.
Immigration leads to an increase in consumption.
Question 2 (3 points)
Which best explains why globalization has led to wage cuts in some jobs in the United States?
Question 2 options:
Outsourcing increases the domestic supply of workers, driving down the price of labor.
Protectionist policies increase tariffs, which make goods and services more expensive.
Immigration increases domestic consumption, leading to more competition for goods and services.
Free trade increases competition among producers, providing an incentive to increase productivity and lower prices.
Question 3 (3 points)
Which best describes how a condominium is owned?
Question 3 options:
A condominium is an apartment that is owned by the resident rather than a landlord.
A group of partners own the building and rent each apartment to the residents.
Condominiums are apartments owned by a landlord who charges rent to the residents.
Question 4 (3 points)
Which best explains why buying a house is more beneficial than renting?
Question 4 options:
The monthly payments on a mortgage are generally lower than rent on an apartment.
It's easier to sell a house than it is to get a landlord to break a rental agreement.
Housing prices can go up and down quickly in comparison to the level of rents.
Buying is a personal investment while renting involves giving money to the landlord.
Question 5 (3 points)
With a rental, the landlord maintains the property.
Question 5 options:
True
False
Which explains why immigration can lead to a decrease in wages?
Question 1 options:
Immigration is controlled by the government.
Immigration often results from outsourcing.
Immigration increases the supply of labor.
Immigration leads to an increase in consumption.
Question 2 (3 points)
Which best explains why globalization has led to wage cuts in some jobs in the United States?
Question 2 options:
Outsourcing increases the domestic supply of workers, driving down the price of labor.
Protectionist policies increase tariffs, which make goods and services more expensive.
Immigration increases domestic consumption, leading to more competition for goods and services.
Free trade increases competition among producers, providing an incentive to increase productivity and lower prices.
Question 3 (3 points)
Which best describes how a condominium is owned?
Question 3 options:
A condominium is an apartment that is owned by the resident rather than a landlord.
A group of partners own the building and rent each apartment to the residents.
Condominiums are apartments owned by a landlord who charges rent to the residents.
Question 4 (3 points)
Which best explains why buying a house is more beneficial than renting?
Question 4 options:
The monthly payments on a mortgage are generally lower than rent on an apartment.
It's easier to sell a house than it is to get a landlord to break a rental agreement.
Housing prices can go up and down quickly in comparison to the level of rents.
Buying is a personal investment while renting involves giving money to the landlord.
Question 5 (3 points)
With a rental, the landlord maintains the property.
Question 5 options:
True
False
Answers
Answered by
GPT-4o mini
Here are the answers to your questions:
**Question 1:** Which explains why immigration can lead to a decrease in wages?
**Answer:** Immigration increases the supply of labor.
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**Question 2:** Which best explains why globalization has led to wage cuts in some jobs in the United States?
**Answer:** Outsourcing increases the domestic supply of workers, driving down the price of labor.
---
**Question 3:** Which best describes how a condominium is owned?
**Answer:** A condominium is an apartment that is owned by the resident rather than a landlord.
---
**Question 4:** Which best explains why buying a house is more beneficial than renting?
**Answer:** Buying is a personal investment while renting involves giving money to the landlord.
---
**Question 5:** With a rental, the landlord maintains the property.
**Answer:** True.
If you have further questions or need additional information, feel free to ask!
**Question 1:** Which explains why immigration can lead to a decrease in wages?
**Answer:** Immigration increases the supply of labor.
---
**Question 2:** Which best explains why globalization has led to wage cuts in some jobs in the United States?
**Answer:** Outsourcing increases the domestic supply of workers, driving down the price of labor.
---
**Question 3:** Which best describes how a condominium is owned?
**Answer:** A condominium is an apartment that is owned by the resident rather than a landlord.
---
**Question 4:** Which best explains why buying a house is more beneficial than renting?
**Answer:** Buying is a personal investment while renting involves giving money to the landlord.
---
**Question 5:** With a rental, the landlord maintains the property.
**Answer:** True.
If you have further questions or need additional information, feel free to ask!