Which Statement About Industry Is FALSE

question 10

Multiple Choice

Which statement about industry is FALSE?

• A) The West did not benefit from the industries that sprang up from the Cold War.
• B) By the mid-1950s, white-collar workers outnumbered blue-collar factory and manual laborers.
• C) The unions' success in raising wages inspired employers to mechanize more and more elements of manufacturing in order to reduce labor costs.
• D) Since the 1950s, the American economy has shifted away from manufacturing.

Realize the implications of the slope of the security market line on market perceptions of risk and return.

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Definitions:

Vouchers

Certificates or coupons that can be exchanged for goods, services, or a reduction in charges, often provided as part of a promotional or welfare program.

Housing

Refers to the construction and assigned usage of houses or buildings collectively, for the purpose of sheltering people—the activity of providing homes.

Moving To Opportunity

A research initiative in the United States investigating the effects of offering families from high-poverty communities the chance to move to areas with lower poverty levels.

Housing Vouchers

Government-funded coupons that allow low-income families to rent housing in the private market at an affordable cost.