If as a result of NAFTA the demand for American exports rises, it would tend to increase the exchange value of the U.S. dollar as a result

a. True
b. False
Indicate whether the statement is true or false


True

Economics

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The marginal private cost of a chemical is $100 per ton and its marginal external cost is $20 per ton. What is the marginal social cost of the chemical?

What will be an ideal response?

Economics

An argument in favor of multilateral trade liberalization (multilateralism) over preferential trade agreements (regionalism) is that multilateralism results in less trade diversion

Indicate whether the statement is true or false

Economics

George and Susan work at the same brewery. George works in advertising. Susan works as a forewoman in the bottling plant. George is paid more than Susan

a. Because the male worker earns a higher salary than the female worker, the employer must be discriminating against women. b. If George has better performance reviews than Susan, the company might be rewarding George for his high productivity. c. If forepersons at bottling plants typically earn more than employees in the advertising department, then the brewery must be discriminating against women. d. George might be earning more because he works the day shift while Susan works the night shift.

Economics

What was the labor force participation rate in 2004 in Table 6.1?Table 6.1?200420052006Working Age Population200 million225 million275 millionLabor Force150 million165 million200 millionUnemployed5 million15 million35 millionĀ 

A. 75.0 percent. B. 133.3 percent. C. 77.5 percent. D. 18.3 percent.

Economics