Which of the following is not used as a trade protection practice?
a. tariff
b. quotas
c. safety standards
d. foreign-owned domestic production
e. nontariff barriers
D
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Suppose a tax cut that had been anticipated by households and businesses doesn't happen. Describe a new Keynesian analysis of the consequences of this "event."
What will be an ideal response?
Here's some unhappy news for Canadians: Canada's real GDP declined steadily for the first half of 2000 . so that Canada was, at least during that period of time, and according to economists, in a
a. depression b. recovery from recession c. recession d. peak or prosperity phase of its business cycle e. deflation
The statement that "coal miners are paid more than workers with similar levels of education" is likely to reflect the fact that
a. coal mining is a declining industry. b. coal mining jobs are potentially more dangerous than jobs with comparable education requirements. c. all coal mines use nonunion labor. d. coal imports are rising.
Current projections indicate that by the year 2030, there will be ________ tax-paying workers for every retiree collecting Social Security.
A. 2.0 B. 3.3 C. 16.0 D. 2.7