A beggar-thy-neighbor policy is
A. The imposition of import barriers for the purpose of curbing inflation.
B. An attempt by a poor country to get more foreign aid and assistance.
C. The imposition of trade barriers to increase domestic employment.
D. The imposition of trade barriers for the purpose of expanding exports.
Answer: C
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A downward shift of the planned expenditure curve resulting from an increase in the price level corresponds to
A) a movement up along the aggregate demand curve. B) a movement down along the aggregate demand curve. C) an increase in aggregate demand. D) a decrease in aggregate demand.
If you are using a 95% confidence interval and the absolute value of the t-statistic is larger than the critical value, then
A) we accept the null hypothesis at a 95% confidence level. B) we reject the null hypothesis at a 95% confidence level. C) we will be wrong less than 5% of the time if we accept the null hypothesis. D) we will be wrong 95% of the time if we reject the null hypothesis.
A ________ is rival in consumption and viewers are excludable.
A. television signal broadcast through the air B. television signal sent by cable C. solar eclipse D. fireworks show in a local park
The lifetime maximum is the
A. most of covered expenses that an individual will have to pay during a year. B. percentage of a covered expense that an individual will have to pay (after the deductible is met). C. percentage of a covered expense that an insurance company will have to pay (after the deductible is met). D. most of covered expenses that an insurance company will pay on an individual over their lifetime. It was made illegal by the PPACA.