Which of the following countries is NOT involved in a free trade agreement with the U.S.?
A) China
B) Australia
C) Jordan
D) Guatemala
A
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A union of all workers from a particular industry is a(n)
A) craft union. B) conglomerate union. C) industrial union. D) expansive union.
The current price of a stock increases when:
A. expected future dividends decrease. B. the expected future price of the stock decreases. C. the perceived riskiness of the stock increases. D. interest rates decrease.
Which of the following would you expect to increase both interest rates and exchange rates?
A) expansionary monetary policy B) contractionary monetary policy C) expansionary fiscal policy D) Both B and C will increase both interest rates and exchange rates.
The tendency of workers to supply more labor in response to a larger reward for working is called the ________ of a higher real wage on the quantity of labor supplied
A) homogeneous labor supply effect B) negative correlation effect C) income effect D) substitution effect