The Next Questions Refer to the Following

question 28

Multiple Choice

The next questions refer to the following.
Suppose the supply of labor is W - t = 10H, where W is the gross wage, t is the tax (in dollars) , and H is labor hours. The demand for labor is W = 120 - 2H.
-With a tax of $12,hours of work become

• A) H = 8
• B) H = 9
• C) H = 10
• D) H = 11
• E) H = 12

Recognize the concepts of net exports, net capital outflow, and their implications for trade balance.

Identify the effects of transportation costs and trade barriers on international trade.

Distinguish between foreign direct investment and foreign portfolio investment.

Analyze the relationship between saving, investment, and international capital flows.

---

Definitions:

Boutique Agency

A small, specialized firm offering personalized and niche services in areas such as marketing, advertising, or public relations.

Community Manager

A professional responsible for building, managing, and maintaining an engaging community for a brand or organization online.

Social Media Manager

A professional responsible for creating, curating, and managing published content on social media platforms.

Editorial Calendar

An organizational tool used by publishers, bloggers, businesses, and marketers to control publication of content across different media, such as newspapers, magazines, blogs, email newsletters, and social media outlets.