The wealthy nations of the world have
A. the largest populations.
B. more supplies of natural resources.
C. more supplies of capital.
D. larger labor forces.
Answer: C
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If the United States lifts the embargo on Cuban products, what will happen in the U.S. market for Cuban cigars?
A) The supply curve will shift to the right. B) The supply curve will shift to the left. C) The demand curve will shift to the left. D) The demand curve will shift to the right.
The contemporary rate of unemployment that is often put forth as a benchmark high-employment level ranges from
a. 4.5 to 5 percent. b. 4.0 to 6 percent. c. 6 to 6.5 percent. d. 1 to 4.5 percent.
Which of the following assets is the most liquid?
a. pounds of wheat b. stocks c. demand deposits d. nontransactional deposits
Restrictions on imports
A. protect United States jobs. B. usually have no permanent effects on an economy. C. is the best way to increase exports. D. eventually reduce exports.