Protesters insist that the economic benefits of trade have social costs that go unrecognized.
Whether or not you agree with them, make a list of those social costs.
Answer: Yes, I Agree with them. Some of the social costs are as follows:
The environment gets degraded and this affects the poor people because they are depended on the environment and they do not have resources to lessen its effect
Due to the globalization, local and poor people do not get the benefits of products due to the transportation of the raw materials
Most importantly, in the present world,
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Refer to the figure below.________ inflation will eventually move the economy pictured in the diagram from short-run equilibrium at point ________ to long-run equilibrium at point ________.
A. Rising; A B. Falling; A; C C. Falling; B: C D. Rising; A; C
The formula is the
A) actual change in the money supply. B) discount rate. C) potential money multiplier. D) federal funds rate.
In a graph, a straight line has a negative slope if the line
A) is vertical. B) is horizontal. C) falls from left to right. D) rises from left to right. E) shows a trend.
The unemployment rate may:
A. understate the effect of a recession on employment because some leave the labor force. B. overstate the effect of a recession on employment because some leave the labor force. C. understate the effect of a recession on employment because many enter the labor force. D. overstate the effect of a recession on employment because many enter the labor force.