A trade policy designed to alleviate some domestic economic problem by exporting it to foreign countries is know as a(n)
A) international dumping policy.
B) countervailing tariff policy.
C) beggar thy neighbor policy.
D) trade adjustment assistance policy.
E) redistribution quota policy.
C
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Many developing countries were once under colonial rule, a system of government that:?
Decisions by depositors to increase their holdings of ________, or of banks to hold excess reserves will result in a ________ expansion of deposits than the simple model predicts
A) deposits; smaller B) deposits; larger C) currency; smaller D) currency; larger
The competitive market process tends to promote economic prosperity because it
a. keeps the prices of goods higher than their production costs. b. creates inefficiencies, which causes people to economize. c. directs self-interested action toward the production of goods that are highly valued relative to their cost. d. sends signals to the government about which goods to produce.
Which of the following would be most helpful in reducing the level of frictional unemployment?
a. a new law that disallows businesses from offshoring certain types of low-skilled jobs b. a large increase in the money supply in order to stimulate the economy c. a new job search app that automatically alerts employers to employees who match the skills they need d. a new job training program that gives low-skilled workers better chances of finding a job