How does the text distinguish between coercion and persuasion?
A) Coercion uses force; persuasion uses reasoning.
B) Coercion uses violence; persuasion is peaceful.
C) Coercion cannot make everyone better off, but persuasion can.
D) Coercion is evil, and persuasion is good.
E) Coercion induces cooperation by threatening to reduce options, persuasion by promising to expand options.
E
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Elected government officials seem biased toward favoring
A) the national interest. B) the global interest. C) well organized, special interest groups. D) policies that are in the long-run interest of economists.
What is meant by optimization? How does optimization by levels differ from optimization by differences?
What will be an ideal response?
Which of the following will cause a decrease in U.S. gross exports?
A. A decrease in foreign business purchases of U.S. output. B. An increase in foreign consumer income. C. An increase in foreign wealth. D. None of the choices are correct.
In Table 17.4, 
A. Brazil has an absolute advantage in both goods but a comparative advantage in lumber only. B. the United States has an absolute advantage in both goods but a comparative advantage in cars only. C. the United States has an absolute and comparative advantage in Cars while, Brazil has an absolute and comparative advantage in lumber. D. the United States has an absolute and comparative advantage in both goods.