In Theory,some People Might Lose in the Short Run from Outsourcing,but

question 110

Multiple Choice

In theory,some people might lose in the short run from outsourcing,but in the long run,all should benefit.Which option demonstrates that this theory might NOT be true?

• A) Lower labor costs lead to lower prices,so more foreigners can buy imports.
• B) Income earned at outsourced jobs allows foreign workers to purchase imports.
• C) Lower prices allow more consumers to buy the good domestically.
• D) Outsourcing stimulates competition.
• E) Inadequate transition programs hinder the ability of domestic workers,who lost their jobs to outsourcing,to obtain new jobs.

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Definitions:

Reaction Times

The duration of time it takes from the presentation of a stimulus to the initiation of a response, often measured in psychological experiments.

Friedman's Test

Aimed at detecting treatment differences without relying on parameter-based assumptions, this test is applied across multiple attempts.

Experimental Design

The process of planning an experiment to ensure that it can test hypotheses effectively and produce valid and reliable results.

Experimental Design

A plan for conducting an experiment to ensure that it can test hypotheses effectively while minimising errors or bias.