Which Is the Most Accurate Statement

question 264

Multiple Choice

Which is the most accurate statement?

• A)Before the 1960s the workers in low-wage nations were no threat to workers in high-wage economies because they had so little capital to work with.
• B)Labor has long been much more mobile than capital.
• C)In recent years America has become a low-wage country relative to most of the rest of the world.
• D)Despite a flood of imported goods,our manufacturing employment is more than double what it was in 1960.

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Definitions:

Income Statement

A financial report that shows a company's revenues, expenses, and net income over a specific period.

Authorized

Authorized typically refers to something that has been officially approved or given permission by a relevant authority or governing body.

Issued

The term refers to securities or other financial instruments that have been made available for sale and distribution to the public.

Subscribed

The process or condition of committing to an offering of securities by an investor, or a commitment to a service or publication.