The U.S. catfish industry successfully petitioned the U.S. government to require that catfish varieties imported from Vietnam be labeled as "tra," "basa," or "pangasius." This is an example of which of the following?
A) an embargo
B) a tariff
C) a nontariff barrier
D) a direct price influence
C) a nontariff barrier
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If credit card usage exhibits a sharp increase, there is
A) an upward movement along the demand for money curve. B) a rightward shift of the demand for money curve. C) a leftward shift of the demand for money curve. D) a downward movement along the demand for money curve. E) a leftward shift of the supply of money curve.
The demand curve can be derived from indifference curves by varying the price of the commodity in question
a. True b. False Indicate whether the statement is true or false
If real GDP stays the same but the price level increases:
A. nominal money demand should increase. B. real money demand should decrease. C. nominal money demand should remain the same. D. nominal money demand should decrease.
An individual voter will likely be concerned with
A) the views of a particular political candidate on all issues. B) only a few special issues (those that exert the most impact on the voter's personal welfare). C) most issues since information on nearly all issues is available at a low cost on the Internet. D) most issues because they have some impact, however slight, on each citizen.