Which of the Following Statement Is False About the First

question 298

Multiple Choice

Which of the following statement is false about the first five years of the administration of George W.Bush?

• A)Some three million manufacturing jobs have been lost.
• B)Lost factory jobs have not been replaced by service sector jobs paying comparable wages.
• C)Higher productivity rates and soaring health care costs may have contributed to the slow pace of hiring new workers.
• D)Off shoring of jobs has led to the loss of millions of service jobs.

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Definitions:

Selling Expenses

Costs associated with marketing and selling a company's products or services, excluding manufacturing costs.

Manufacturing Overhead

All indirect costs associated with the manufacturing process, including costs related to utilities, maintenance, and factory equipment.

Direct Labour Costs

Costs that are directly attributed to the production of goods or services, including wages and salaries of workers who physically produce the items.

Manufacturing Overhead Costs

Expenses related to the production process that are not directly tied to a specific product, including rent, utilities, and salaries of management.