If US Workers Are Paid $16 an Hour and Indian Workers

question 42

Multiple Choice

If U.S. workers are paid $16 an hour and Indian workers are paid the equivalent of $4 an hour but U.S. workers can produce four times as many goods as Indian workers in the same amount of time:

• A) workers in the United State are paid too much.
• B) production will migrate to the United States.
• C) production will migrate to India.
• D) there is no reason to move production from the United States to India.

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Definitions:

Equity Trusts

Investment funds that pool money from investors to purchase a diversified portfolio of equities, or stocks, managed by a professional fund manager.

Mortgage Trusts

Investment vehicles that pool mortgage loans and issue shares to investors, who receive dividends from the interest and principal payments made by borrowers.

REITs

Real Estate Investment Trusts, companies that own, operate, or finance income-generating real estate, allowing investors to invest in large-scale real estate properties.

Growth Fund

A type of mutual fund or investment fund that focuses on investing in growth stocks or companies expected to grow at an above-average rate compared to their industry or the market.