Question

If you are graduating soon, you will need to decide which industry you would like to...

If you are graduating soon, you will need to decide which industry you would like to find a job in. If economists expect global income to fluctuate significantly in the next decades, what kind of job would you take? Make sure to use what you learned in this chapter to support your answer.

Homework Answers

Answer #1

Because the global demand and income levels get to fluctuate, it would be important choose a career where the demand will not fluctuate and in this regard as the trade progresses, more dependence on each other will take place as a result of which it would be better if I would take a job in the shipping industry due to the increase in trade as a result of which due to less fluctuation of demand which is what is the idea in basic economics, this job would be chosen as a less risk seeking person.

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