Which of the following has not been used by the US government to limit overfishing in US waters?
a. laws to limit the total catch
b. laws to limit the size of fish caught
c. price floors on fish
d. limits to the length of the fishing season
e. limits to the types of fishing equipment used
C
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Jasmine has recently moved to Florida because she loves the warm climate there. Being new to the area, she will need to spend a few weeks looking for a new job. This is an example of:
a) frictional unemployment. b) cyclical unemployment. c) structural unemployment. d) underemployment.
A movement along a demand curve is called a change in:
A. income. B. quantity demanded. C. demand. D. tastes.
When there is a shortage I. there is a tendency for price to increase. II. there is an excess quantity demanded
A) I only B) II only C) Both I and II D) Neither I nor II
As productive capital goods are established in developing nations
A) developed nations will become less prosperous. B) these countries will experience higher rates of economic growth. C) portfolio investment will be replaced by loans from international aid agencies. D) they will be less likely to engage in international trade.