The Global Environmental Trend That Will Result in a Sever

question 42

Multiple Choice

The global environmental trend that will result in a sever shortage of workers is known as

• A) the employment power shift
• B) a downside of nanotechnology
• C) repatriation
• D) outsourcing

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Definitions:

Price Level

The current average pricing of all economic goods and services across the spectrum.

Purchasing-Power Parity

A theory which states that exchange rates between currencies are in equilibrium when their purchasing power is the same in each of the two countries.

Imperfect Substitutes

Products or services that can replace each other to some extent but are not perfect substitutes due to differences in features, preferences, or qualities.

Transported

The act or process of moving goods or people from one place to another via various modes of transportation like vehicles, trains, ships, or planes.