Blanket standards on imports usually address issues affecting:
A. foreign production practices.
B. domestic consumers.
C. domestic producers.
D. They can be used to address any of these.
Answer: B
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Refer to Figure 4.1. The game described in the payoff matrix has the characteristics of a(n) ________ game
A) prisoner's dilemma B) pure coordination C) battle of the sexes D) assurance
Which of the following will shift the demand curve for capital leftward?
a. Introduction of supercomputers in the resource market b. A fall in the market interest rates c. An increase in the price of capital d. Business expectations of increased regulations e. A rise in the equilibrium wage of labor
Government outlays and government expenditures mean the same thing
a. True b. False
Which of the following is a macroeconomics topic?
a. wages of textile workers in the Northeast b. the cost of producing 10,000 bookcases c. the economy's annual growth rate d. market demand for fish e. effects of farm subsidies on food prices