Which of the Following Is Likely to Happen If Investors

question 174

Multiple Choice

Which of the following is likely to happen if investors in an economy become optimistic following the discovery of huge mineral reserves?

• A) Real wages will fall.
• B) Prices will fall.
• C) Consumption will increase.
• D) Unemployment will increase.

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Definitions:

Sportsmanship

The practice of playing fair, following the rules of the game, and showing respect for opponents, teammates, and officials.

Cross-Cultural Teams

Teams made up of members from different cultural backgrounds working together towards a common goal.

Virtual Teams

Groups that interact primarily through electronic means, with little, if any, in-person contact.

Globalization

The tendency of firms to extend sales, ownership, and/or manufacturing to new markets abroad.