Which of the following resulted in a retaliation by the United States of increased tariffs on cheeses and meats from Europe?
(A) Steel Tariff of 2002
(B) Beef War of 1999
(C) Smoot-Hawley Tariff of 1930
(D) Chicken Tariff of 1963
Ans: (B) Beef War of 1999
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Does fiscal policy affect monetary policy?
A) No, because real output and income can and sometimes do move in the opposite direction from nominal money output and income. B) Yes, because the Fed and the Treasury naturally tend to pursue similar goals. C) Yes, because government deficits or surpluses affect the total demand for credit. D) Yes, because the government usually prints new money to finance deficits and retires that money when it runs a surplus.
_____ goods are rivalrous in consumption and nonexcludable
Fill in the blank(s) with the appropriate word(s).
Refer to the labor market diagrams. A monopsonistic labor market is represented by Figure:
A. 5.
B. 4.
C. 3.
D. 2.
Leadership is the process of persuasion or example by which an individual induces a group to pursue objectives held by the leader or his or her followers. This definition of leadership emphasizes ________ as an important characteristic of leadership.
A. motivation skills B. planning skills C. lobbying D. vision setting