Answer:
The world is moving toward an economic system that is more favorable for international business.
Explanation:
The true statement pertaining to changes in the global economy of the 21st century is<em> the world is moving toward an economic system that is more favorable for international business.</em> In the economy of the 21st century's there came a change in globalization with the inclusion of the internet. Goods are reaching distant places. The internet reaches distant places from which goods can be bought. The virtual market is replacing the physical market.
That is in fact true. The Articles appointed no executive and therefore had a problem enforcing laws.
Efficiency wages may cause a <u>surplus</u> of labor because they are <u>above</u> the equilibrium wage.
The efficiency wage is higher than the equilibrium wage, which might result in a labor supply.
Since the efficiency wage in question is higher than equilibrium wages, there will be a labor surplus since more individuals will be eager to work as a result of the wage rise. Due to the fact that supply is more than demand, this will result in a rise in supply and an excess of labor.
There is a labor surplus in the sense that a sizeable segment of the work force produces less than it consumes and its marginal product is below the wage agreed upon via negotiation.
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Explanation:
Stern et al. (1999) and Stern (2000), define this variable as those general visions about the world, reflected in the beliefs that people express about their relationship with the environment and nature.
D) because she had a wonderful sense of humor
