What is the relationship between imports and employment?
What will be an ideal response?
There is no causal link between imports and unemployment. In many cases unemployment falls when imports increase. Industries that have lost the most employment over the last forty years have been industries that were protected by tariffs and quotas. Protecting one industry usually means some export industry will see a decline.
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To prevent the dollar from depreciating, the U.S. central bank can try to fix the currency value of the dollar when they
A) buy U.S. dollars in the foreign exchange market. B) sell U.S. dollars in the foreign exchange market. C) abandon the U.S. dollar and use another country's currency as its legal currency. D) buy foreign currencies in the foreign exchange market.
If Dian chooses a job with a lower income over one with a higher income, she cannot be maximizing utility
a. True b. False
Is the efficient markets hypothesis (EMH) responsible for the financial crisis of 2007- 2009?
What will be an ideal response?
Which form of intellectual property would protect an auto manufacturer that put a brand name on its new radio (that recognizes your voice and plays your favorite songs) and specifically wants to protect the brand?
A. Copymark B. Trademark C. Copyright D. Patent