The Following Table Shows Economic Data for Two Countries

question 139

Multiple Choice

The following table shows economic data for two countries.

-Refer to the table above.If the minimum wage increases from 10 rupee per hour to 15 rupee per hour in Country A and the retirement age in Country B decreases from 65 years to 60 years,all else equal,then ________.

• A) GDP per capita in country B will increase
• B) GDP per worker in country B will decrease
• C) GDP per capita in country A will decrease
• D) GDP per worker in county A will increase

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Definitions:

Weber's Dimensions

Max Weber's framework for understanding the social world, which includes class, status, and power as key determinants of social action.

Government Officials

Individuals who hold positions of authority in a governmental structure, responsible for making and implementing public policies.

Status

A social or professional position, standing, or rank of an individual or group within a society or organization.

Status Inconsistency

Occurs when an individual occupies several differently ranked statuses at the same time.