What was the consequence of the United States putting an anti-dumping tax on flat panel displays?
a. It created a trade war with other countries.
b. It protected buyers from paying a low price for flat panels display.
c. It increased employment in the United States.
d. It drove the laptop manufacturing industry out of the United States.
d. It drove the laptop manufacturing industry out of the United States.
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The U.S. dollar will appreciate if inflation rises from 3 percent to 7 percent in the United States
Indicate whether the statement is true or false
A 1977 amendment to the Federal Reserve Act of 1913
a. says the Federal Reserve should only promote maximum employment b. says the Federal Reserve should only promote price stability c. says the Federal Reserve should promote price stability and maximum employment, but does not specify how the Federal Reserve should weight these goals. d. says the Federal Reserve should promote price stability and maximum employment, but specifies that it place more weight on promoting price stability.
An advantage of the proprietorship as a form of business organization is
A) its limited liability. B) its limited access to capital, thus reducing the possible size of debt. C) that it is easy to form. D) that it can sell bonds to the public.
What is money? Explain in terms of the functions of money.
What will be an ideal response?