U.S. producers of steel were harmed as a result of a U.S. tariff placed on steel in early 2018.
Answer the following statement true (T) or false (F)
False
You might also like to view...
Which of the following events would lead to an increase in the marginal product of labor for every quantity of labor?
A) An increase in the real wage B) A decrease in the real wage C) A favorable supply shock such as a fall in the price of oil D) An adverse supply shock, such as a reduced supply of raw materials
Assume that foreign capital flows into a nation rise due to expected increases in stock market appreciation. If the nation has highly mobile international capital markets and a fixed exchange rate system, what happens to the GDP Price Index and the nominal value of the domestic currency in the context of the Three-Sector-Model? a. The GDP Price Index rises and nominal value of the domestic
currency falls. b. The GDP Price Index falls and nominal value of the domestic currency remains the same. c. The GDP Price Index rises and nominal value of the domestic currency remains the same. d. The GDP Price Index rises and nominal value of the domestic currency rises. e. There is not enough information to determine what happens to these two macroeconomic variables.
De Soto's The Other Path encourages poor countries to use their development policies to do all of the following except
A. Reduce regulations. B. Encourage entrepreneurship. C. Encourage population growth. D. Enforce laws to safeguard property.
Which of the following factors would decrease investment demand?
A. A decrease in business taxes
B. An increase in the cost of acquiring capital goods
C. An increase in the rate of technological change
D. A decrease in the stock of capital goods on hand