If a country voluntarily agrees to have its companies import more goods from another country, the country has
A) a voluntary import expansion (VIE) agreement.
B) a voluntary restraint agreement (VRA).
C) a mandated tariff.
D) a mandated agreement.
A
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Which of the following would cause the demand curve for rice to shift to the left?
a. A rise in the price of rice. b. A blight that destroyed 75% of the rice harvest. c. A report claiming that the starch in rice causes heart disease. d. A tariff that doubles the price of imported spaghetti.
Real GDP refers to GDP adjusted:
A) for changes in ruling political party. B) for changes in tax rates. C) for changes in net imports. D) for changes in prices.
Owners of preferred stock received fixed dividend payments while owners of common stock receive dividend payments that vary with the level of profits
a. True b. False Indicate whether the statement is true or false
Measuring the amount of unemployment in the economy is a straightforward task
a. True b. False Indicate whether the statement is true or false