In 2015, the U.S. trade deficit with the world was approximately
A. $73.6 trillion.
B. $736 million.
C. $736 billion.
D. $7.36 trillion.
Answer: C
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A dose-response function
a. identifies the threshold level of exposure by its vertical intercept b. always graphs as a linear function c. is an important element of the risk management process d. all of the above e. none of the above
What are the main differences between neoclassical economics and behavioral economics?
a. Neoclassical economics is mainly theoretical. b. Behavioral economics does not take as given that decision makers are rational. c. Neoclassical economics assumes that decision makers are fully informed. d. All of the above.
The oldest theory of comparative advantage is based on:
a. factor abundance. b. productivity differences. c. product life cycles. d. preferences. e. human skills.
A labor union that consists of workers from a particular industry is a(n)
A) closed shop. B) industrial union. C) union shop. D) bilateral monopoly.