In early 2018, nearly half of all antidumping duties in effect in the United States were on
A. textiles.
B. chemicals.
C. food grains.
D. steel products.
Answer: D
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When a game has more than one Nash equilibrium
a. players will choose the strategies which maximize total welfare. b. players are likely to choose the strategies which minimize total welfare. c. it is difficult to predict which of the equilibria will occur or whether it is stable. d. it is difficult to predict which of the equilibria will occur but once one is reached it is likely to remain stable.
Over the past two decades, the unemployment rates in
A) the Eurozone have been generally less than U.S. unemployment rates. B) the Eurozone have been generally greater than U.S. unemployment rates. C) the United Kingdom have almost always been much greater than the U.S. unemployment rates. D) Canada are less than the U.S. unemployment rates. E) Japan are much larger than those in the United States.
Congress created the Federal Deposit Insurance Corporation to
a. sell insurance to individuals who have bank accounts b. inject reserves into the economy more quickly c. develop a better working relationship between bank managers and government officials d. charge higher interest rates to banks e. reimburse those who lose their bank deposits
It is necessary to ration a good whenever ________ exists.
A. a surplus B. excess supply C. excess demand D. market equilibrium