If Labor Is Immobile Between Two Countries,changes in Relative Demand

question 15

Multiple Choice

If labor is immobile between two countries,changes in relative demand for goods and services may pose major economic problems

• A) whether exchange rates are flexible or fixed.
• B) but the problems will not be as significant as they would be if labor were mobile.
• C) when exchange rates are flexible,but not when they are fixed.
• D) when exchange rates are fixed,but not when they are flexible.

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Definitions:

Cones

Photoreceptor cells in the retina of the eye responsible for color vision and visual acuity under bright light conditions.

Fovea Centralis

Region of the retina consisting of densely packed cones; responsible for the greatest visual acuity.

Tectorial Membrane

A structure located in the cochlea of the inner ear that plays a critical role in the process of hearing by interacting with hair cells.

Otolith

Calcium carbonate granule associated with sensory receptors for detecting movement of the head; in vertebrates, located in the utricle and saccule.