Unlike nontariff barriers, tariffs
A. are less transparent
B. are more transparent
C. are neutral
Answer is A. are less transparent
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A conventional pollutant
a. is one that, upon exposure, will cause death, disease, abnormalities, or physiological malfunctions b. is a default category for all pollutants that are not categorized as toxic c. is an identified pollutant that is well understood by scientists d. none of the above
Given that Tamar is a risk-averse person, she might accept a bet with a 50 percent chance of losing $100 today if she had a 50 percent
a. chance of winning $120 in two years and the interest rate was 11%. b. chance of winning $114 in two years and the interest rate was 7%. c. chance of winning $110 in two years and the interest rate was 3%. d. None of the above are correct; a risk averse person would not accept any of the above bets.
Suppose that you are a manager. You are considering whether or not to monitor employees with the payoffs in the normal-form game shown below.ManagerWorker??WorkShirk?Monitor-1,11,-1?Don't Monitor1,-1-1,1Which of the following pairs of strategies constitutes a Nash equilibrium?
A. Manager monitors and worker shirks. B. Manager does not monitor and worker works. C. Manager monitors and worker works. D. None of the answers is correct.
Which statement is true?
A. In both the 19th century and the since the 1980s we borrowed from foreigners to finance both capital expansion and consumption. B. In neither the 19th century nor since the 1980s we borrowed from foreigners to finance both capital expansion and consumption. C. In the 19th century we borrowed from foreigners to finance capital expansion and since the 1980s we borrowed to finance consumption. D. In the 19th century, we borrowed from foreigners to finance consumption and since the 1980s we borrowed to finance capital expansion.