American critics of the WTO argue that free international trade and investment will:
A. reduce U.S. imports.
B. reduce employment in developing nations.
C. undermine environmental and labor protections in the United States.
D. increase immigration from low-income to high-income nations.
C. undermine environmental and labor protections in the United States.
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Which of the following would cause the money demand curve to shift to the left?
A) a decrease in real GDP B) an increase in the interest rate C) an increase in the price level D) an open market purchase of Treasury securities by the Federal Reserve
What assumptions lead to the conclusion that final products are distributed efficiently among households?
What will be an ideal response?
Earnings mobility is pervasive
Indicate whether the statement is true or false
Suppose there are four firms in an industry. The market shares of the four firms are 5 percent, 20 percent, 35 percent, and 40 percent. The Herfindahl-Hirschman index for that industry is
A) 6,650. B) 3,250. C) 1,250. D) 100.