As a percentage of GDP, imports are greater than exports for which of the following countries?
A) the Netherlands B) the United States C) Germany D) Italy
B
You might also like to view...
Given that unions face a downward-sloping demand curve for labor, which of the following is not true concerning the optimal union wage rate at a given employment level?
A. It is above the labor supply curve. B. It is above the labor demand curve. C. It is above the marginal wage. D. It exceeds the competitive wage.
Why is rBGH injected into many U.S. dairy cows?
a. to strengthen the cows' immune systems b. to increase milk production without increasing feed c. to prevent the growth of microbes in the cows' milk d. to improve the nutritional quality of the cows' milk
In the early 1990s, economists became alarmed over the national debt because it
A. was larger than three months’ GDP. B. was growing faster than GDP. C. had reached twice the size of GDP. D. was growing faster than private debt.
Firms will employ an input up to the point where
A. the input's price equals its marginal product. B. its marginal cost equals its marginal product. C. the input's price equals its marginal revenue product. D. the wage rate equals the productivity of capital.