If Nepal is a net importer of computers, free trade will hurt the
A. domestic consumers of computers.
B. rich citizens of Nepal.
C. poor citizens of Nepal.
D. domestic producers of computers.
Answer: D
You might also like to view...
A salesperson's bonus for this year is based on meeting targets based on last year's sales. This year turns out to be an unusually good year. The salesperson is likely to:
A. defer some sales to the next fiscal year B. just be satisfied with meeting last year's target. C. meet the target easily and push forward with all potential sales. D. fail to meet the last year's targets because of overconfidence.
Total Fixed Cost (TFC)
What will be an ideal response?
The self-correcting tendency of the economy means that falling inflation eventually eliminates:
A. exogenous spending. B. recessionary gaps. C. expansionary gaps. D. unemployment.
The basic money supply or M1 includes
A. Currency in circulation, transactions accounts, traveler's checks, and money market mutual funds. B. Currency in circulation, savings accounts, and credit card balances. C. Currency in circulation, transactions accounts, and traveler's checks. D. Currency in circulation, transactions accounts, and savings accounts.