Referring to Table 4.1, Box G should be filled with 
A. $115.
B. $125.
C. $0.
D. $110.
Answer: A
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Which of the following is NOT a primary duty of the U.S. Customs and Border Protection?
A) assessing all duties, taxes, and fees on imported merchandise B) collecting import and export tariffs C) protecting the U.S. from threatening imports D) policing smuggling operations
The short-run aggregate supply curve is upsloping because higher price levels:
A. lower interest rates and encourage firms to invest and produce more. B. create incentives to expand output when resource prices are unresponsive to price-level changes. C. encourage importation of foreign goods. D. create an expectation among producers of still higher price levels.
Labor market compensation contracts can be designed to screen out poor quality workers as well as provide employees with incentives to work hard.
Answer the following statement true (T) or false (F)
Which of the following Nobel laureates became known for the study of asymmetric information?
A) Michael Spence B) Ronald Coase C) George Ackerlof D) Gary Becker