In the United States, which workers displaced by trade are able to adjust the easiest?

a. those in the service industries
b. those in the manufacturing industries
c. Evidence indicates that there is no difference across industries.
d. There is no available evidence on this topic.


Ans: a. those in the service industries

Economics

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Refer to Table 26-1. The hypothetical information in the table shows what the values for real GDP and the price level will be in 2017 if the Fed does not use monetary policy

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A tax that causes the price that producers receive for a commodity to deviate from the buyer's price is

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In the short run where total variable cost is ________ at a(n) ________ rate, marginal cost is positive and decreasing.

A. increasing; decreasing B. decreasing; decreasing C. decreasing; increasing D. increasing; increasing

Economics