The Smoot-Hawley Act was enacted in
A) 1980.
B) 2000.
C) 1930.
D) 2010.
C
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If both supply and demand decrease by the same amount, the equilibrium price
A) does not change. B) rises. C) falls. D) cannot be predicted. E) None of the answers is correct because the price depends on what happens to the equilibrium quantity.
A Job Creation through Entrepreneurship Act, debated in the House of Representatives in 2009, would award grants to small business owners, some of which would be aimed at women, Native Americans, and veter-ans
The Act would provide $189 million in 2010 and $531 million between 2010 and 2014 . Explain how you would expect this Act to influence what, how, and for whom goods and services are produced in the United States.
Refer to Table 9-12. Which country has a comparative advantage in producing swords?
A) Estonia B) Morocco C) both countries D) neither country
When the interest rate earned on government bonds is high, most people will try to hold:
A. less bonds and less cash. B. more bonds and more cash. C. less bonds and more cash. D. more bonds and less cash.