An example of an industrial policy would be all except:
A. subsidies.
B. trade barriers.
C. tax breaks.
D. interest rate restrictions.
D. interest rate restrictions.
You might also like to view...
What are the two channels through which the world economy can affect U.S. aggregate demand? State what changes in the world economy can increase U.S. aggregate demand
What will be an ideal response?
Refer to the above figure. A shortage occurs if the government imposes
A) a price floor at $60. B) a price floor at $20. C) a price ceiling at $60. D) a price ceiling at $20.
Under a system of freely flexible (floating) exchange rates, a U.S. trade deficit with Mexico will tend to cause:
A. the U.S. government to ration pesos to U.S. importers. B. a flow of gold from the United States to Mexico. C. an increase in the peso price of dollars. D. an increase in the dollar price of pesos.
Refer to the information provided in Figure 23.1 below to answer the question(s) that follow.
Figure 23.1Refer to Figure 23.1. This household saves ________ at an income level of $400.
A. -$300 B. -$250 C. $0 D. $250