Restrictions on imports
A) usually have no permanent effects on an economy.
B) is the best way to increase exports.
C) protect United States jobs.
D) eventually reduce exports.
Answer: D
You might also like to view...
The largest asset of the Fed from those on this list is
A) U.S. Treasury securities. B) mortgage-backed securities. C) loans to depository institutions. D) currency outstanding.
If you use $1,000 to purchase silver bullion, which you plan to keep in a safe, you are using money as:
A. a store of value. B. a unit of account. C. bank reserves. D. a medium of exchange.
?Exhibit 10A-1 Aggregate demand and supply model
?Beginning in Exhibit 10A-1 from long-run equilibrium at point E1, the aggregate demand curve shifts to AD2 . The economy's path to a new long-run equilibrium is represented by a movement from:
A. ?E3 to E1 to E2. B. ?E1 to E3 to E2. C. ?E2 to E1 to E2. D. ?E1 to E2 to E3.
A difference between the market and the public sector is that
A. government can use force, while the market does not. B. we can only vote in the public sector. C. scarcity exists only in the market sector. D. the cost of private goods to society is zero.