A trade deficit means that net exports are positive
a. True
b. False
Indicate whether the statement is true or false
False
Economics
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The "Four Freedoms" are an important goal of the
A) Treaty of Rome. B) Single European Act. C) European Monetary System. D) Maastricht Treaty. E) European Free Trade Area.
Economics
In the rational expectations model, only unexpected or unpredictable changes cause unemployment to deviate from its natural rate
a. True b. False Indicate whether the statement is true or false
Economics
The rule of equating marginal benefit with marginal cost is proper for economics, but it does not describe the way in which people make non-economic decisions
a. True b. False Indicate whether the statement is true or false
Economics
What is the amount of tariff imposed on a ton of sugar?
A. $1 B. $1,000 C. $500 D. $50
Economics