Which of the Following Statements About the Global Labor Market

question 30

Multiple Choice

Which of the following statements about the global labor market is FALSE?

• A) U.S. employers argue that if they cannot use cheaper foreign labor, they will be at a competitive disadvantage compared with firms that make use of this low-cost labor.
• B) U.S. employers find China a good location for outsourcing because of few governmental regulations on recruiting and hiring by foreign firms.
• C) An immigrant with a valid H1 visa can legally work in the U.S. for a U.S. employer.
• D) When U.S. employees are significantly more productive than foreign workers doing the same job, U.S. employers are often willing to pay higher U.S. wages and keep the jobs in the U.S.

Describe the principles of conspicuous consumption and the wealth effect.

Evaluate the determinants of consumption and the importance of disposable income in consumer behavior.

Understand the types and implications of different dividends declared by corporations.

Calculate the effect of cash dividends on a company's financial statements.

---

Definitions:

Computer-Aided Design

The use of computer software to facilitate the creation, modification, analysis, or optimization of a design.

Artificial Intelligence

The simulation of human intelligence processes by computer systems, including learning, reasoning, and self-correction.

Machine Learning

A subset of artificial intelligence (AI) that enables systems to learn, improve from experience, and make decisions with minimal human intervention.

Fine Motor Skills

The coordination of small muscles in movements, typically involving synchronization of hands and fingers with the eyes.