Generally, for Every Job Created by a Base Industry, There

question 69

Multiple Choice

Generally, for every job created by a base industry, there will be created in service industries approximately

• A) an equal number of jobs.
• B) two jobs.
• C) one job for every two persons employed in the base industry.
• D) four jobs.

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Definitions:

Depreciation

The process of allocating the cost of a tangible asset over its useful life, reflecting the decrease in value due to wear, tear, or obsolescence.

Mexican Peso

The currency of Mexico, symbolized as MXN in international currency markets.

Exchange Rate

The value of one currency for the purpose of conversion to another, indicating how much of one currency can be exchanged for another.

U.S. Goods

Products and commodities that are manufactured or produced within the United States.