Regarding sexual harassment which of the following is NOT true
a. offenders can be same or opposite sex
b. victims do not have to be harassed personally but affected through environment
c. harasser must be superior employee
d. harassment may occur without economic injury
Ans: c. harasser must be superior employee
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Explain why both rich and poor people experience scarcity
What will be an ideal response?
The General Agreement on Tariffs and Trade and the World Trade Organization have resulted in
A) termination of export subsidies applied to manufactured goods. B) termination of import tariffs applied to manufactures. C) termination of import tariffs applied to agricultural commodities. D) termination of international theft of copyrights. E) a number of rounds of multilateral trade agreements.
There are two universities, A and B, in a city. Tuition rises at University A and, as a result, the demand for attending University B rises. It follows that educational services at the two universities are
A) complements. B) normal goods. C) inferior goods. D) substitutes. E) none of the above
Which of the following is an example of a market demand curve?
a. A graph shows the sharp increase in the purchase of cell phones last year in France. b. A graph shows how Li’s demand for tea decreases as the price increases. c. A table shows the steady increase in the price of bananas over a five-year period in the United States. d. A graph shows how the demand for HD TVs in Hawaii is affected by price changes.