Typically,restrictions to "Save Domestic Jobs" Simply Redistribute Jobs by Creating

question 86

Multiple Choice

Typically,restrictions to "save domestic jobs" simply redistribute jobs by creating:

• A)employment in the protected industry and reducing employment elsewhere.
• B)employment in nonprotected industries and reducing employment in the protected industry.
• C)inflation in the overall economy.
• D)employment in the primary sector at the expense of the secondary sector.
• E)labor unions in the protected industries at the expense of employment in nonunionized industries

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Definitions:

Invest

The action of designating assets, typically capital, in hopes of generating financial gains.

Profit Rate

The ratio of profits generated to the amount of capital or resources invested, indicating the efficiency of an investment or business operation.

Inventory

The goods or materials a business holds for the ultimate purpose of resale or processing in the production process.

Invest

Putting money into ventures with the expectation of receiving a financial return or profit.