Suppose a country increases trade restrictions. This country would be pursing an
a. inward policy, which most economists believe has beneficial effects on the economy.
b. inward policy, which most economists believe has adverse effects on the economy.
c. outward policy, which most economists believe has beneficial effects on the economy.
d. outward policy, which most economists believe has adverse effects on the economy.
b
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If the public believes that the commitment to a nominal anchor is not credible, the effect of a negative aggregate demand shock is for ________
A) short-run aggregate supply to shift down B) short-run aggregate supply to remain unchanged C) short-run aggregate supply to shift up D) inflation, but not economic activity, to decrease
Which of the following is the best example of a tariff? a. a tax placed on all small cars sold in the domestic market
b. a limit imposed on the number of small cars that can be imported from a foreign country. c. a subsidy from the U.S. government to domestic manufacturers of small cars so they can compete more effectively with foreign producers of small cars. d. a $100-per-car fee imposed on all small cars imported.
Studies find that mutual fund managers who do well in one year are likely to do well the next year
a. True b. False Indicate whether the statement is true or false
The Farm Security Act of 1985 included a gradual reduction in government support prices.
Answer the following statement true (T) or false (F)