Which of the following tools of commercial policy yields a revenue to the government?
a. Quota
b. Tariff
c. Export subsidy
d. Government procurement policy
e. Health and safety standards
b
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A long-run aggregate supply curve may graphically be represented as a
A) vertical line. B) a downward sloping line. C) an upward sloping line. D) horizontal line.
A speculator may choose to buy a call option because
A) the possible gain is greater than with a futures contract. B) the potential loss on the call is limited to the premium, while the potential loss is unlimited with a futures contract. C) the possible gain with the option is great than the possible gain from buying the underlying stock itself. D) calls eliminate the risk of loss so a speculator can lose nothing or just make a gain.
Rising market share would fall under which of the four categories identified in the SWOT Analysis?
Analysis? Strengths Weaknesses Opportunity Threats
The problems of aggregate inflation and unemployment are:
A. major topics of macroeconomics. B. not relevant to the U.S. economy. C. major topics of microeconomics. D. peculiar to command economies.