Which of the following is not correct concerning quotas?
a. The enactment of quotas rewards domestic producers with higher prices.
b. The enactment of quotas creates opportunities for lobbyists to seek the perpetuation of quotas.
c. Quotas on steel, textiles and apparel, and sugar have been in effect for several decades.
d. Lobbying efforts by domestic producers and foreign exporters are vigorously fought by domestic consumers.
e. The auctioning of quotas would reduce their attractiveness to foreign exporters.
D
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The information in the above table gives the 2000 base period market basket and prices used to construct the CPI for a small nation. The table also has 2010 prices. What is the value of the CPI for the base period 2000?
A) 140 B) 100 C) 30 D) 75 E) 133
A Herfindahl-Hirschman Index is calculated by
A) summing the amount of sales by the four largest firms and dividing by total industry sales. B) summing the squares of the market shares of each firm in the industry. C) dividing the number of firms wanting to merge by the total number in the industry. D) dividing the advertising expenditures of the firms that want to merge by total industry advertising expenditures.
The Solow residual is a measure of
A) average labor productivity. B) average capital productivity. C) total factor productivity. D) the rate of growth of real GDP.
__________ is at the core of work-family interchange
a. Social support b. Passion c. Clarity d. Tagline