Which of the Following Must Be True If the Critics

question 146

Multiple Choice

Which of the following must be true if the critics of globalization are correct?

• A) The share of national income received by labor, as opposed to the share received by the owners of capital should have increased in advanced nations.
• B) A decline in the labor's share of the economic pie means lower living standards.
• C) The decline in labor's share of national income is due to improvement in production technology and productivity.
• D) Decline in unskilled wage rates is due to the shift within advanced economies toward jobs that do not require significant education and skills.
• E) The real labor compensation has expanded in most developed nations since the 1980s.

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Definitions:

Dendrites

Root-like parts of neurons that receive impulses from other neurons.

Neurons

The basic working units of the brain, specialized cells that transmit information through electrical and chemical signals.

Axon terminals

The endings of axons, responsible for transmitting signals through neurotransmitters to other neurons or muscles.

Neurotransmitters

Chemical messengers that transmit signals across a chemical synapse, from one neuron (nerve cell) to another target neuron, muscle cell, or gland cell.