If the Average Income of an Australian Is Higher Than

question 118

Multiple Choice

If the average income of an Australian is higher than the average income of a Russian,what is the most likely reason

• A)Productivity is higher in Australia than in Russia.
• B)Australia has a more industrial economy than Russia.
• C)There is more competition in Australia than in Russia.
• D)Labour unions are more aggressive in Australia than in Russia.

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Definitions:

Feelings Of Security

Emotional states characterized by a sense of safety, stability, and confidence in facing life's challenges.

Self-Actualization

Self-actualization is a concept from humanistic psychology representing the realization or fulfillment of one's talents and potentialities, considered as a drive or need present in everyone.

Logistical Function

The aspect of supply chain management that plans, implements, and controls the efficient, effective forward and reverse flow and storage of goods, services, and related information.

Transactional Function

Activities involved in transferring ownership or physical possession of goods from one party to another.