A trade policy is a government policy
a. directed toward the goal of improving the tradeoff between equity and efficiency.
b. that directly influences the quantity of goods and services that a country imports or exports.
c. intended to exploit the tradeoff between inflation and unemployment by altering the budget deficit.
d. concerning employment laws.
b
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Which of the following will not change the demand for movie tickets?
A) A change in the cost of babysitting services B) A change in the incomes of moviegoers C) A change in the price of movie tickets D) A change in the quality of television programs E) A change in the quality of movies
Which of the following statements is true?
a. TC = TFC ? TVC. b. AVC = TC / Q. c. TFC = TC ? TVC. d. MC equals the change in ATC divided by the change in Q.
Which one of the following is an example of discretionary fiscal policy used to correct a recessionary gap?
A. an increase in the money supply by the Federal Reserve B. a decrease in government expenditures approved by Congress C. a tax decrease passed into law by Congress D. an agreement among major banks to raise interest rates
Open market operations are conducted by the Fed
A. in the New York Stock Exchange. B. through the Bureau of Engraving. C. through the Washington location of the Federal Reserve's Bank of Governors. D. in the private secondary U.S. securities market.