Question

HELP PLEASE

What effect has international competition had on the types of jobs available in the United States?
O International competition has reduced the number of manufacturing jobs
o International competition has decreased the number of gigs
o International competition has decreased the number of service jobs
o International competition has increased the number of government jobs

Answer 1

Circular Flow Diagrams QC

1. B, factors of production

2. B, profit

3. B, goods and services

4. C, A service economy is an economy with greater economic output in services than in goods.

5. A, International competition has reduced the number of manufacturing jobs.