The scenario in which the trade deficit slowly shrinks over time is called the
a. soft-landing scenario.
b. hard-landing scenario.
c. fair-trade scenario.
d. free-trade scenario.
e. protectionist scenario.
A
You might also like to view...
Structural unemployment will decrease when:
A. unemployment insurance benefits are increased. B. the minimum wage is decreased. C. the minimum wage is increased. D. union wages are increased.
Which of the following is an example of a positive externality?
a. air pollution b. a person littering in a public park c. a nice garden in front of your neighbor's house d. the pollution of a stream
The accompanying figure shows Becky's daily production possibilities curve for dresses and skirts.
Of the labeled points, only ________ are efficient.
A. W, X, Y, Z, V, and T B. T and U C. X, Y, and Z D. W, X, Y, Z, and V
At which point is society producing some of each type of structure but still producing inefficiently? (See Figure 1.1.)
A. A. B. B. C. C. D. D.