Speculators in the financial market are:
A. largely thought to be detrimental to the overall health of the financial system.
B. illegal, and often work in the "grey" markets despite this.
C. seen by most as necessary for the health of the financial system.
D. debated by some as to whether they contribute to the financial system's success.
Answer: D
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Suppose Belgium produces only two goods, chocolate and lace. If Belgium has a comparative advantage in lace, a move toward free trade will
A) benefit chocolate workers, harm lace workers in the short run, but benefit the nation as a whole. B) harm chocolate workers in the short run, benefit lace workers, but benefit the nation as a whole. C) benefit chocolate workers, harm lace workers in the short run, but harm the nation as a whole. D) harm chocolate workers in the short run, harm lace workers, but benefit the nation as a whole.
February 2010, the price of gasoline in the Florida was $2.629 per gallon and the CPI was 202.4 with a base period of 1982 to 1984. What was the real price of gasoline per gallon in base period dollars?
A) $1.00 per gallon B) $5.32 per gallon C) $1.29 per gallon D) $1.809 per gallon E) $2.629 per gallon
Which of the following is legal under the Taft-Hartley Act?
A) closed shops B) collective bargaining C) secondary boycotts D) sympathy strikes
Which statement is true?
A. Most blacks live in poor neighborhoods. B. Young black women are confronting a shrinking pool of "marriageable" (that is economically stable) men. C. It is clear that the basic cause of poverty in this country is public assistance. D. The United States has the smallest proportion of people living in poverty in the world.