A tax levied on imported goods is called
a. an excise tax.
b. a quota.
c. a foreign profits tax.
d. a tariff.
D
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A serious consequence of a financial crisis is
A) a contraction in economic activity. B) an increase in asset prices. C) financial engineering. D) financial globalization.
If the overall unemployment rate is 8 percent, it is likely that:
a. It is greater than 8 percent for teenagers b. It is less than 8 percent for college=educated middle-aged men. c. It is more than 8 percent for those without a high school diploma. d. All of the above are true.
Which of the following accounted for over 85 % of our trade deficit in goods and services in 2009?
A. Imports from China. B. Imports from Japan. C. Imports of Oil. D. Imports of steel.
If the demand for net exports rises, which of the following happens in the open-economy macroeconomic model?
a. the exchange rate rises b. the interest rate falls c. net capital outflow rises d. All of the above are correct.