Opening this economy to trade would benefit ________ and harm ________.
A. everyone; no one
B. no one; everyone
C. domestic car producers; domestic car consumers
D. domestic car consumers; domestic car producers
Answer: D
You might also like to view...
If the price of tables sold by All-Oak Table Co. increases from $400 to $500, then the:
A. demand for labor by All-Oak Table Co. decreases. B. demand for labor by All-Oak Table Co. increases. C. supply of labor to All-Oak Table Co. increases. D. supply of labor to All-Oak Table Co. decreases.
Refer to Figure 2.1. If you are producing 600 tons of agricultural products per year, what is the maximum amount of manufactured products you can produce per year?
A) 300 tons B) 500 tons C) 600 tons D) 700 tons
If income taxes are incorporated into the discussion of the expenditure multiplier, the expenditure multiplier becomes
A) larger. B) smaller. C) zero. D) negative.
Which of the following has served most recently as Chairman of the Board of Governors of the Federal Reserve System?
A) Nancy Pelosi B) Alan Greenspan C) Ben Bernanke D) Paul Volcker