The law that created the high level of tariffs in United States in the 1930s is
A) the GATT Act.
B) the World Trade Act.
C) the Smoot-Hawley Act.
D) the Tariffs Agreement Act.
C
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In the long run, monopolistically competitive firms make zero economic profits because of government regulations
Indicate whether the statement is true or false
In the United States in 2014, of those companies employing more than 200 workers that offer health care to those workers, ________ of employees accept the coverage
A) about 10 percent B) roughly 36 percent C) fewer than two-thirds D) almost 98 percent
Compare the composition of U.S. output in the year 1900 with its composition in the year 2000.
What will be an ideal response?
Currency traders expect the value of the dollar to rise. What effect will this have on the demand for dollars and the supply of dollars in the foreign exchange market?
A) Demand for dollars will increase, and supply of dollars will decrease. B) Demand for dollars will increase, and supply of dollars will increase. C) Demand for dollars will decrease, and supply of dollars will increase. D) Demand for dollars will decrease, and supply of dollars will decrease.