The United States is guilty of dumping on the international market because of the
A. superior technology.
B. high availability of capital.
C. highly educated workforce.
D. agricultural subsidies.
D. agricultural subsidies.
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Unanticipated deflation can create unemployment if
A) nominal wages are sticky, causing real wages to rise over time. B) nominal wages are flexible, causing people's real incomes to decline. C) banks refuse to make loans at low nominal interest rates. D) nominal interest rates remain positive.
The increase in welfare in both countries that results from specialization and trade is called:
A. surplus enhancement. B. exportation surplus. C. gains from trade. D. deadweight gain.
Collaterized debt obligation CDO
What will be an ideal response?
One way to ensure productivity growth would be to
A. restrict immigration. B. raise the savings rate. C. increase military spending. D. slow the introduction of new technology.