Optimistic about globalization Mark Carney, governor of the Bank of Canada, is optimistic that while the adjustment to the global financial crisis will be difficult, flexible labor markets will make it possible for workers to retrain and find more productive jobs. Source: Toronto Star, February 24, 2008 Explain the suggestions that can help an economy achieve faster economic growth. Canada can achieve faster economic growth by O A. having labor markets that send messages to workers that create incentives to train in fields that are experiencing growth OB. decreasing incentives for entrepreneurial growth because faster growth occurs by investing in firms C. limiting globalization and having labor markets create incentives to train in the production of goods that Canada typically imports OD. decreasing public and private investment in research and development and increasing investment in labor markets
Optimistic about globalization Mark Carney, governor of the Bank of Canada, is optimistic that while the adjustment to the global financial crisis will be difficult, flexible labor markets will make it possible for workers to retrain and find more productive jobs. Source: Toronto Star, February 24, 2008 Explain the suggestions that can help an economy achieve faster economic growth. Canada can achieve faster economic growth by O A. having labor markets that send messages to workers that create incentives to train in fields that are experiencing growth OB. decreasing incentives for entrepreneurial growth because faster growth occurs by investing in firms C. limiting globalization and having labor markets create incentives to train in the production of goods that Canada typically imports OD. decreasing public and private investment in research and development and increasing investment in labor markets
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
Related questions
Question

Transcribed Image Text:Optimistic about globalization
Mark Carney, governor of the Bank of Canada, is optimistic that while the adjustment to the global financial crisis will be difficult, flexible labor markets will make it possible for workers to retrain and find more productive jobs.
Explain the suggestions that can help an economy achieve faster economic growth.
Source: Toronto Star, February 24 , 2008
Canada can achieve faster economic growth by
A. having labor markets that send messages to workers that create incentives to train in fields that are experiencing growth
B. decreasing incentives for entrepreneurial growth because faster growth occurs by investing in firms
C. limiting globalization and having labor markets create incentives to train in the production of goods that Canada typically imports
D. decreasing public and private investment in research and development and increasing investment in labor markets
Click to select your answer.
cBook
DII
F12
F10
888
吕0
F7
F8
F4
F3
esc
F2
F1
&
2#
%24
delete
4
1
R
T
Q
W
tab
F
G
A
caps lock
C
V
shift
command
option
command
control
# 00
B
Expert Solution

This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
This is a popular solution!
Trending now
This is a popular solution!
Step by step
Solved in 2 steps

Knowledge Booster
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, economics and related others by exploring similar questions and additional content below.Recommended textbooks for you


Principles of Economics (12th Edition)
Economics
ISBN:
9780134078779
Author:
Karl E. Case, Ray C. Fair, Sharon E. Oster
Publisher:
PEARSON

Engineering Economy (17th Edition)
Economics
ISBN:
9780134870069
Author:
William G. Sullivan, Elin M. Wicks, C. Patrick Koelling
Publisher:
PEARSON


Principles of Economics (12th Edition)
Economics
ISBN:
9780134078779
Author:
Karl E. Case, Ray C. Fair, Sharon E. Oster
Publisher:
PEARSON

Engineering Economy (17th Edition)
Economics
ISBN:
9780134870069
Author:
William G. Sullivan, Elin M. Wicks, C. Patrick Koelling
Publisher:
PEARSON

Principles of Economics (MindTap Course List)
Economics
ISBN:
9781305585126
Author:
N. Gregory Mankiw
Publisher:
Cengage Learning

Managerial Economics: A Problem Solving Approach
Economics
ISBN:
9781337106665
Author:
Luke M. Froeb, Brian T. McCann, Michael R. Ward, Mike Shor
Publisher:
Cengage Learning

Managerial Economics & Business Strategy (Mcgraw-…
Economics
ISBN:
9781259290619
Author:
Michael Baye, Jeff Prince
Publisher:
McGraw-Hill Education