Solved

Suppose That the Average Income of an Egyptian Is Higher

Question 3

Multiple Choice

Suppose that the average income of an Egyptian is higher than the average income of a Namibian. What might you conclude?


A) Namibia firms are faced with stricter government regulations than Egyptian firms.
B) Total income is divided among fewer workers in Egypt since it has a smaller labour force than Namibia.
C) Egypt's climate allows for longer growing seasons and therefore Egypt can produce large quantities of grain.
D) Productivity in Egypt is higher than in Namibia.

Correct Answer:

verifed

Verified

Related Questions