Which Event Could Be Expected to Shift a Nation's Supply

question 74

Multiple Choice

Which event could be expected to shift a nation's supply of loanable funds, as shown?

• A) increased purchases of domestic stocks by foreign investors
• B) a rise in the national unemployment rate
• C) a culture-wide revival of the virtue of patience
• D) greater numbers of people choosing to keep working when they could retire
• E) a wave of working adults entering their peak-earnings years

Comprehend Talcott Parsons’ views on systemic evolution including differentiation and integration.

Understand the function of the political subsystem in achieving societal goals and maintaining social order.

Understand the key concepts and theories of Talcott Parsons regarding the social system.

Identify and critique the functionalist perspective on the unity and stability of society.

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Definitions:

Extensive Mechanization

The widespread application of machinery and automation to increase production and efficiency.

Deskilling Of Work

The reduction in the complexity of work tasks, typically due to automation or the simplification of jobs, resulting in a decreased demand for skilled labor.

Labor History

The study of the development, organization, and movements of working-class groups and labor unions, often in the context of economic, social, and political changes.

Corporate Management

The process of directing, controlling, and administering a company or organization.