Today, the average U.S. tariff is 1.6 percent of the value of imported goods, which is very low by historical standards.
Answer the following statement true (T) or false (F)
True
You might also like to view...
Nash equilibria:
a. always exist in pure strategies. b. generally come in even numbers. c. always exist in finite games. d. all of the above.
Sadie is getting ready to go to work where she earns $70 a day as a day laborer. Her friend Caroline calls her and asks her to go swimming with sharks for the day. Sadie decides to go with her. Sadie's choice implies that her opportunity cost of working is:
A. equal to $70. B. less than $70. C. greater than $70. D. Cannot say without more information.
Which of the following is not part of the "regulation of health insurance" provision of the Patient Protection and Affordable Care Act (ACA)?
A) Individuals with pre-existing medical conditions are able to acquire health insurance. B) All policies must provide coverage for dependant children up to age 26. C) Lifetime dollar maximums on coverage are prohibited. D) Limits on the size of deductibles and on waiting periods before coverage takes effect have been eliminated.
You decide to donate $5 to Jerry's Kids at the grocery store checkout, and get to sign your name to a shamrock and hang it in their window. This is an example of the economic concept of:
A. selfishness. B. marginal utility. C. reciprocity. D. altruism.