The demand for labor is:
a. featherbedding demand.
b. All of the answers are correct.
c. marginal utility demand.
d. derived demand.
d
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"The aggregate demand multiplier results in the aggregate demand curve shifting by more than any given initial change in expenditure." Is the previous statement correct or incorrect?
What will be an ideal response?
The production side efficiency loss of a tariff is caused by
A) confusion about prices when a tariff is imposed. B) higher profits gained by foreign producers. C) the expansion of relative inefficient domestic production. D) the contraction of domestic consumption. E) the increase in government revenue.
It is ___________ for a country to have a very high level of trade while also having a near-balance between the value of exports and imports.
a. possible b. impossible c. likely d. unlikely
An investment tax credit creates jobs mostly for the year in which it is granted.
Answer the following statement true (T) or false (F)