Since the 1960s,there Have Been Two Notable Trends in the Demographics

question 51

Multiple Choice

Since the 1960s,there have been two notable trends in the demographics of the multinational enterprise.These two trends have been:

• A) the rise of non-U.S. multinationals and the disappearance of mini-multinationals
• B) the decline of non-U.S. multinationals and the decline of mini-multinationals
• C) the decline of non-U.S. multinationals and the growth of mini-multinationals
• D) the rise of non-U.S. multinationals and the growth of mini-multinationals
• E) the rise of U.S. multinationals and the growth of mini-multinationals

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Definitions:

CPI

Consumer Price Index, a measure that examines the weighted average of prices of a basket of consumer goods and services, such as transportation, food, and medical care, used to estimate inflation.

Economic Rent

The extra income earned by a resource over its opportunity cost.

Price of Gas

The cost per unit (usually per gallon or liter) of gasoline, which can vary based on factors like location, demand, and taxes.

Backward-Bending Labor Supply Curve

A labor supply curve that illustrates how an individual's supply of labor can decrease as wages increase beyond a certain point, due to the preference for leisure over income.