What is the main argument for shifting from a service-based economy to a manufacturing-based one?
Why Minimum Wage Is Political Solution to Economic Issue

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Business, Health Sciences, Social Studies, Performing Arts, Biology
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University
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5 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
To increase the number of service jobs
To reduce the cost of imported goods
To create jobs through manufacturing
To decrease the need for exports
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How does Walmart's investment in US-made products potentially influence the market?
By increasing the number of service jobs
By encouraging other companies to follow suit
By reducing the cost of goods
By decreasing the demand for imported products
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What combination of factors is expected to trigger growth in the job market?
Higher energy costs and lower transportation costs
Decreasing demand for consumer products
Lower energy costs and increasing transportation costs
Higher taxes and lower wages
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the potential impact of raising the minimum wage according to the discussion?
It will have no effect on the economy
It will decrease job opportunities
It will only benefit high-income earners
It could increase spending and benefit the economy
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a major challenge for companies investing in the US according to the transcript?
High labor costs
Corporate tax laws
Strict environmental regulations
Lack of skilled workers
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