Unit Test — Unit test Answers

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Why might a country choose to devalue its currency?

to please its trading partners

to encourage exports

to encourage imports

to reduce taxes

In developed economies, less-educated workers

have more jobs to choose from.

are often more highly skilled than other workers.

may be outsourced to other nations.

can have difficulty finding work.

best

benefits producers or consumers when taking action.

pushes producers or consumers to act on the government's behalf.

motivates producers or consumers to take action.

forces producers or consumers to act in a certain way.

four

Businesses can take advantage of favorable laws to make products cheaply.

Businesses can take advantage of favorable taxes to make products cheaply.

Businesses can take advantage of new forms of technology to make products cheaply.

Businesses can take advantage of new forms of democracy to make products cheaply.

Businesses can take advantage of faster technology to make products faster.

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