A study published in 2002 compiled evidence that using protectionism to save an average job in the textile and apparel industry would cost how much money per job saved?
a. $10,000
b. $50,000
c. $100,000
d. $199,000
d. $199,000
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The above figure shows a housing market with a rent ceiling equal to $1,000. In this figure, what area is equal to the resources lost due to search?
A) area A B) area B C) area C D) area D E) area E
Everyone in the neighborhood has been complaining about the deteriorating condition of the park, but nobody has cleaned it up. Why not?
A. There is an excess demand for parks in the neighborhood. B. No single person's benefit from cleaning the park exceeds that person's cost of cleaning it. C. The social benefit of cleaning the park exceeds the social cost of cleaning it. D. There is an excess supply of parks in the neighborhood.
Because of college financial aid packages, the cost of college is highest for ______.
a. the poor b. most of the middle class c. the rich d. first generation students
Refer to the information provided in Table 22.1 below to answer the question(s) that follow. Table 22.1
Refer to Table 22.1. The unemployment rate is
A. 14.3%. B. 16.7%. C. 17.6%. D. 25.0%.