Which of the Following Statements About Manufacturers Is FALSE

question 27

Multiple Choice

Which of the following statements about manufacturers is FALSE?

• A)The majority of U.S.manufacturers are small,with three-quarters having fewer than 20 employees.
• B)Most U.S.factories operate in large metropolitan areas.
• C)The greatest growth in manufacturing has occurred in countries where labor is cheapest.
• D)NAICS codes help marketers classify different types of manufacturing businesses.
• E)Manufacturing output in the United States is shrinking.

Identify government and central bank roles in managing the economy and addressing inflation.

Analyze the impact of economic policies on the business cycle and unemployment.

Explore the effects of inflation on different economic stakeholders, including consumers, savers, and debtors.

Understand the Phillips curve and its implications for the trade-off between inflation and unemployment.

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Definitions:

Major University

A large and widely recognized institution of higher learning that offers a variety of undergraduate and graduate programs.

Environmental Impact

The effect or influence of human activities on the natural world, including land, water, air, ecosystems, and wildlife.

Privacy

The right of individuals to keep their personal information confidential and control how it is used.

Instagram

A social media platform for sharing photos and videos, allowing users to connect with friends and brands through visual content.