QUESTION 40 40. Which of the following are important determinants of one's productivity? a) The tools, with which one works - tools that are often made available by the employer. b) The ethical behavior of society, at least as it relates to commercial transactions. c) The economy's transportation and communication systems d) The skill level of one's co-workers. e) All the above QUESTION 41 41. Which of the following is true? a) The net employment effect of trade is to reduce the number of jobs in the economy. b) It is impossible for a high wage economy to compete with a low wage economy. c) Imports of products subsidized by the exporting country government lead to net economic losses for the importing country. d) Protection of industries against imports helps these industries become more competitive. e) None of the above.
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The tools with which one works, provided by the employer, can have a significant impact on productivity. The ethical behavior of society, particularly in commercial transactions, can also affect productivity. Show more…
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