Concerns over unpleasant or unsafe standards of foreign labor do not affect most of U.S. trade because most U.S. trade is intra-industry and carried out with
a. high-income countries that have labor standards similar to the United States.
b. low-income countries that have labor standards similar to the United States.
c. high-income countries that have lower labor standards than the United States.
d. low-income countries that have lower labor standards than the United States.
a. high-income countries that have labor standards similar to the United States.
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Use the data in the table below to answer the following question.PriceQuantity Demanded$201218171620142412301036840644448The price elasticity of demand (based on the midpoint formula) when price decreases from $20 to $18 is
A. -1.37. B. -0.33. C. -3.29. D. -1.
In the neoclassical growth model without technological progress, the steady-state growth rate of per capita output is
a. the growth of technology plus the growth of population. b. the growth of population. c. the growth of technology. d. the growth of technology plus population plus depreciation.
Increasing house prices
What will be an ideal response?
A market is considered competitive if the Herfindahl-Hirschman Index (HHI) is ________ and its four-firm concentration ratio is ________
A) high; high B) high; low C) low; high D) low; low E) between 30 percent and 70 percent; greater than 5,000