Trade barriers are forms of protection that shield some sector of the economy from foreign competition.
Answer the following statement true (T) or false (F)
True
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In the United States, the air quality standards used to control criteria pollutants
a. identify the maximum allowable concentrations of each pollutant b. are set to achieve an efficient abatement level using benefit-cost analysis c. are known as the NESHAP d. are achieved by all AQCRs in the nation
As the real wage decreases, the quantity of labor demanded ________ and the quantity of labor supplied ________.
A. increases; increases B. decreases; decreases C. decreases; increases D. increases; decreases
Suppose you obtain a fixed rate mortgage during a period of relatively high inflation. During the next ten years, inflation falls. Are you a winner or a loser due to inflation? Explain why
What will be an ideal response?
Even though women may often constitute the majority of the rural-urban migrants in a country, they usually still remain employed in the informal sector. Why? What are the consequences of this?
What will be an ideal response?