Since the signing of the North American Free Trade Agreement (NAFTA) in 1993:
A. total employment in the United States has slightly declined.
B. total employment in the United States has greatly increased.
C. Mexican exports to the United States have declined.
D. productivity growth in Canada, Mexico, and the United States has stagnated.
B. total employment in the United States has greatly increased.
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When the money market is in equilibrium, the bond market is in equilibrium as well
a. True b. False
What is not an effect of deregulation in the airline and trucking industries?
A. Lower prices of many services B. Increased entry of new firms into deregulated industries C. Lower income to unions working in deregulated industries D. Improvements in the quality of services
When whale oil was in high demand in the middle of the nineteenth century, whales were being hunted to excess because
a. of the excessive government regulation imposed on whale hunting. b. those who owned the hunting rights failed to see the future value of whale oil. c. the public ignored the need to curb whale oil consumption. d. no one owned the whales or the hunting rights, thus there was no incentive to conserve whales for the future.
As prices rise, people will buy fewer goods and services because:
A. the interest rate has declined. B. aggregate demand has increased. C. the purchasing power of the fixed quantity of money has declined. D. the income of households has increased.