The disruption caused by international trade is
a. fundamentally different from some of the other disruptions caused by the other workings of a market economy.
b. not fundamentally different from all the other disruptions caused by the other workings of a market economy.
c. fundamentally different from all the other disruptions caused by the other workings of a market economy.
d. not fundamentally different from some of the other disruptions caused by the other workings of a market economy.
b. not fundamentally different from all the other disruptions caused by the other workings of a market economy.
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List two implications of rent-seeking behavior
What will be an ideal response?
The slope of the utility possibilities frontier is
A) positive. B) negative. C) zero. D) undefined.
Ultimately, the real burden of paying for Social Security benefits will be paid for by
A) taxes levied on workers. B) Social Security trust fund bonds. C) new federally issued Treasury bills. D) a new tax levied on businesses.
Which of the following circumstances would encourage I'MaPharmaCo. to increase research and development activities?
A. cost of financial capital is high B. patent term expires in 20 years C. cost of financial capital is low D. a low rate of return is likely