If the Critics of Globalization Are Correct,all of the Following

question 22

Multiple Choice

If the critics of globalization are correct,all of the following things must be shown except:

• A)the share of national income received by labor,as opposed to the share received by the owners of capital should have declined in advanced nations.
• B)even though labor's share of the economic pie may have declined,living standards need not deteriorate if the size of the total pie has increased sufficiently to offset the decline in labor's share.
• C)the decline in labor's share of national income must be due to moving production to low-wage countries,as opposed to improving production technology and productivity.
• D)economic growth in developed nations has offset the fall in unskilled workers' share of national income,raising their living standards.

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Definitions:

Wilhelm Wundt

Considered the father of modern psychology, he established the first psychological laboratory in 1879, laying the foundations for experimental psychology.

Correlation

An association or a relationship among variables, as we might find between height and weight, or between study habits and school grades.

Clinical Psychologists

Professionals specialized in diagnosing and treating mental, emotional, and behavioral disorders through therapy.

Counseling Psychologists

Professionals in psychology who specialize in offering therapy and guidance to individuals coping with emotional, social, vocational, educational, health-related, developmental, and organizational concerns.