The first bankers were

A. goldsmiths.
B. printers.
C. storekeepers.
D. innkeepers.


A. goldsmiths.

Economics

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A tariff which is set up as a percent of the value of the imported good is a(n)

a. Specific Tariff. b. Protective Tariff. c. Embargo Tariff. d. Ad Valor em Tariff.

Economics

With positive externality, _____

a. underproduction causes deadweight loss b. overconsumption causes deadweight loss c. net social welfare is maximized d. the true cost of a transaction is borne by the participants

Economics

How is the value of a good determined?

What will be an ideal response?

Economics

One reason unions have declined as a percent of the workforce is that workers have shifted from __________ to __________ industries, which are harder to organize.

A. manufacturing; service B. service; manufacturing C. financial; manufacturing D. None of these choices are correct.

Economics