After the U.S. government had approved the feeding of hormones to U.S. beef cattle, several western European nations restricted the import of beef from the U.S. Which of the following tools of commercial policy had been put to use in this situation?

What is the function of an economic system?

a. to make sure all people have equal access to goods b. to produce and distribute goods and services c. to give all producers the same access to consumers d. to make sure people are paid for their labor

For the coordination failure model to work, it must be the case that the aggregate labor demand curve must be

A) upward sloping and steeper than the labor supply curve. B) upward sloping and flatter than the labor supply curve. C) downward sloping and steeper than the labor supply curve. D) downward sloping and flatter than the labor supply curve.