The First, Second, and Third Waves of Outsourcing Experienced by the United

question 31

Multiple Choice

The first, second, and third waves of outsourcing experienced by the United States involve _____ respectively.

• A) goods-producing jobs, simple service work, and skilled knowledge work
• B) simple service work, goods-producing jobs, and skilled knowledge work
• C) simple service work, skilled knowledge work, and goods-producing jobs
• D) skilled knowledge work, simple service work, and goods-producing jobs

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Definitions:

New Homes

Newly constructed residential buildings intended for occupancy.

Blu-ray Players

Electronic devices that play Blu-ray discs, which are used for storing and viewing high-definition video and digital data.

Supply

The total amount of a good or service available for purchase at any given price.

Demand

In economics, the quantity of a good or service that consumers are willing and able to purchase at various prices during a given period.