What does "factor mobility" refer to in economics? A) The movement of goods and services through an economy B) The ability to transfer investment from one sector to another C) The movement of labor and capital between different sectors or regions D) The fluidity of price adjustments in response to market changes
What does "factor mobility" refer to in economics? A) The movement of goods and services through an economy B) The ability to transfer investment from one sector to another C) The movement of labor and capital between different sectors or regions D) The fluidity of price adjustments in response to market changes
Chapter1: Introducing The Economic Way Of Thinking
Section: Chapter Questions
Problem 2SQ
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Transcribed Image Text:What does "factor mobility" refer to in economics? A) The movement of goods and services through an economy B) The
ability to transfer investment from one sector to another C) The movement of labor and capital between different sectors
or regions D) The fluidity of price adjustments in response to market changes
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