When a country removes a specific import restriction, it always benefits every worker in that country.
Answer the following statement true (T) or false (F)
True
You might also like to view...
Figure 10.3 United States Government Source of Funds and Outlays, Fiscal 2011
What will be an ideal response?
All else remaining equal, if the amount of checkable deposits increase, this will increase the size of:
a) only M1. b) only M2. c) M1 and M2. d) neither M1 nor M2.
A tax levied on imported goods is called a(n):
A. excise tax. B. quota. C. foreign profits tax. D. tariff.
Which of the following is true of the quantity demanded of reserves?
A) The quantity demanded of reserves increases as the federal funds rate falls. B) The quantity demanded of reserves increases as the inflation rate increases. C) The quantity demanded of reserves is constant over time for almost every bank. D) The quantity demanded of reserves increases at a constant rate over time.