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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

Economics: Private and Public Choice (MindTap Course List)
Economics: Private and Public Choice (MindTap Course List)
16th Edition
ISBN:9781305506725
Author:James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson
Publisher:James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson
Chapter16: Creating An Environment For Growth And Prosperity
Section: Chapter Questions
Problem 14CQ
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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
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
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