For which of the following is the law of one price least likely to hold?

A) Haircuts
B) Gold
C) US Treasury Bonds
D) Petroleum

A

Economics

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For purposes of determining comparative advantage, the cost of producing a good in each of two countries is measured in terms of:

a. metric units only. b. opportunity costs. c. total costs. d. the currency of the importing country. e. the currency of the exporting country.

Economics

The provisions of which of the following labor legislation allowed the president to seek a court injunction to prevent a strike for 80 days if the nation's economy is at risk?

a. Landrum-Griffen Act b. Taft-Hartley Act c. Wagner Act d. Walsh-Healy Act

Economics