Research Shows That Urbanization Leads to Higher Productivity

question 12

Multiple Choice

Research shows that urbanization leads to higher productivity.Which of the following is the LEAST likely reason for this?

• A)Urbanization establishes an inflow of immigrants who will work for less money.
• B)In urban areas, firms can more easily find people with the exact skills they need.
• C)Urbanization allows for economies in moving supplies and finished products.
• D)In urban areas, knowledge flows more easily from one company to another and from one industry to another.

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Definitions:

Payday

Payday refers to the specific day on which an employer distributes wages or salaries to employees.

Fiscal Period

A specific period of time used by governments and businesses for accounting and financial reporting purposes.

Expired Insurance

Refers to insurance policies that have reached the end of their coverage period and are no longer in effect.

Adjusting Entry

A journal entry made in an accounting period to adjust income or expense accounts to accurately reflect the revenues earned and expenses incurred during that period.