International protesters have expressed concerns that
A. international trade makes unionizing efforts easier.
B. poor nations are over-represented at trade talks.
C. international trade decentralizes control of economic issues.
D. international finance centralizes control of economic issues in the hands of a relative few.
Answer: D
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Shirley has to choose between a two-day trip and a three-day trip to Hollywood. The table below shows the expected benefit and cost for the different days
Using optimization in levels and optimization in differences, determine what Shirley's optimum decision should be. Does the decision differ with the techniques used? Which technique is faster to implement? Day Cost Benefit 1 $750 $800 2 $900 $1,000 3 $600 $800
Which of the following is a positive incentive?
A. Discover credit cards offer 0 percent balance transfer rates for someone to open a new account. B. McDonalds decides to offer a white chocolate mocha. C. A school teacher decides to retire and focus on gardening. D. A business decides to leave the industry.
An unplanned decrease in inventories results in
A) actual investment that is greater than planned investment. B) an increase in planned investment. C) actual investment that is less than planned investment. D) a decrease in planned investment.
A relatively steep demand curve indicates that
a. quantity demanded will adjust only slightly to a price change. b. quantity demanded will adjust significantly to a price change. c. quantity demanded will not adjust to a price change. d. the change in quantity demanded will exactly equal a change in price.