A player draft is the
A. process by which teams request to be traded.
B. process by which new talent is assigned to teams.
C. process by which owners decide who plays.
D. negotiation between owners and the players' union.
Answer: B
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List and define the two categories of after-tax corporate profits
What will be an ideal response?
If you know that a country's net foreign investment is positive, what does that tell you about the relationship between the country's national saving and private investment? (Assume that the capital account is zero and net transfers are zero.)
What will be an ideal response?
Which group would be most likely to benefit from a binding price floor imposed on wheat?
a. buyers of wheat that are seeking lower prices b. sellers of wheat that are seeking higher prices c. sellers of goods considered complements to wheat, hoping to sell larger quantities of their products d. consumer groups hoping to keep overall food prices low
Which of the following is incorrect?
A. Floating exchange rates permit countries to have different inflation rates. B. Overall, floating exchange rates discipline countries to have low inflation rates. C. With fixed exchange rates, a country that prefers to have a lower inflation rate than its trading partners will tend to import inflation from its partners. D. Since 1973, high degrees of variability of floating exchange rates may have caused considerable adjustment into or out of trade-oriented production from time to time.