The successor to GATT in 1995 is
A. the World Trade and Tariff Organization.
B. the World Trade Agreement.
C. the World Trade Organization.
D. the World Agreement on Tariff and Trade.
Answer: C
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a. $100 b. $105 c. $110 d. $115
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A. falls; rises B. rises; falls C. falls; falls D. rises; rises
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A. recessionary; recessionary B. expansionary; expansionary C. recessionary; expansionary D. expansionary; recessionary
After getting a raise at work, Jasper now regularly buys steak instead of chicken. Which factor of demand has influenced Jasper's demand for steak?
A. Price of a substitute good B. Price of a complementary good C. Income D. Preferences