The average tariff rate of the United States is about ________ of the value of their imports.
A. 1.6 percent
B. 7.4 percent
C. 59 percent
D. 100 percent
Answer: A
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According to your textbook authors, the growth rates in sub-Saharan Africa (excluding South Africa) have been plagued
A) exclusively by economic problems. B) exclusively by political problems. C) by meteorological and geographical problems. D) by purchasing power parity problems.
An unemployment insurance program has which of the following effects?
A) It increases the amount of time spent searching for a job. B) It decreases the amount of personal income of the unemployed. C) It contributes to the severity of a recession or economic downturn. D) It lowers the overall unemployment rate.
Unemployment would cause an economy to
a. produce inside its production possibilities frontier. b. produce on its production possibilities frontier. c. produce outside its production possibilities frontier. d. experience an inward shift of its production possibilities frontier.
The unionization rate grew most rapidly in the United States between
A. 1935 and 1945. B. 1980 and 1988. C. 1950 and 1953. D. 1880 and 1901.