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09 Dec 2022, 02:30
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66% (01:55) correct
34%
(02:04)
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The revival of Kranland’s automobile industry is being pitched as a beacon of hope in an economy that has been broadly flat for the most part of the last two years. It is being suggested that the industry can help boost the country’s economy by increasing its manufacturing output and resultant exports, and create high quality jobs. However, many economists claim that even if automobiles companies help increase the country’s exports, they will not be a major source of new jobs over the long term.
Which of the following best explains the reason for the doubt expressed by the economists?
A. The automobile industry does not create low-quality jobs.
B. Even though the exports of Sonic Automobiles, a manufacturing company in Kranland, grew more than 20% in the last year, its number of employees grew only by 5%.
C. The automobile industry is a capital intensive industry and frequently goes through cycles of growth and recession.
D. To succeed in the global manufacturing industry, a company has to be extraordinarily efficient, requiring the use of the same workforce for more production.
E. Ranland’s automobile companies are financially well off than their Kranlandian peers and can cut down their prices to gain market share
Which of the following best explains the reason for the doubt expressed by the economists?
A. The automobile industry does not create low-quality jobs.
B. Even though the exports of Sonic Automobiles, a manufacturing company in Kranland, grew more than 20% in the last year, its number of employees grew only by 5%.
C. The automobile industry is a capital intensive industry and frequently goes through cycles of growth and recession.
D. To succeed in the global manufacturing industry, a company has to be extraordinarily efficient, requiring the use of the same workforce for more production.
E. Ranland’s automobile companies are financially well off than their Kranlandian peers and can cut down their prices to gain market share
12 Dec 2024, 00:10
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The revival of Kranland’s automobile industry is being pitched as a beacon of hope in an economy that has been broadly flat for the most part of the last two years. It is being suggested that the industry can help boost the country’s economy by increasing its manufacturing output and resultant exports, and create high quality jobs. However, many economists claim that even if automobiles companies help increase the country’s exports, they will not be a major source of new jobs over the long term.
Which of the following best explains the reason for the doubt expressed by the economists?
I originally chose B, B and D seems good choice, however D is better
A. The automobile industry does not create low-quality jobs.Not Relevant, if the industry is creating much more high quality jobs
B. Even though the exports of Sonic Automobiles, a manufacturing company in Kranland, grew more than 20% in the last year, its number of employees grew only by 5%.If the company already has large number of workforce which are 5% might to enough for production and still be high in providing jobs.
C. The automobile industry is a capital intensive industry and frequently goes through cycles of growth and recession.Not relevant
D. To succeed in the global manufacturing industry, a company has to be extraordinarily efficient, requiring the use of the same workforce for more production.This is a general term it will include all companies small and large workforce. BEST ANSWER
E. Ranland’s automobile companies are financially well off than their Kranlandian peers and can cut down their prices to gain market shareNot Relevant
Which of the following best explains the reason for the doubt expressed by the economists?
I originally chose B, B and D seems good choice, however D is better
A. The automobile industry does not create low-quality jobs.Not Relevant, if the industry is creating much more high quality jobs
B. Even though the exports of Sonic Automobiles, a manufacturing company in Kranland, grew more than 20% in the last year, its number of employees grew only by 5%.If the company already has large number of workforce which are 5% might to enough for production and still be high in providing jobs.
C. The automobile industry is a capital intensive industry and frequently goes through cycles of growth and recession.Not relevant
D. To succeed in the global manufacturing industry, a company has to be extraordinarily efficient, requiring the use of the same workforce for more production.This is a general term it will include all companies small and large workforce. BEST ANSWER
E. Ranland’s automobile companies are financially well off than their Kranlandian peers and can cut down their prices to gain market shareNot Relevant
