Approximately how many U.S. workers received Trade Adjustment Assistance from 1994 to 2002 as a result of job losses due to NAFTA?
a. 525 million
b. 52.5 million
c. 5.25 million
d. 0.525 million
Ans: d. 0.525 million
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The law of demand is illustrated when:
A) an increase in tuition encourages more students to enroll in college because the quality of education has risen. B) an increase in the purchases of personal computers results from lower prices. C) higher oil prices cause oil companies to drill for new sources of oil. D) higher fees for the use of public golf courses force golfers to purchase fewer golf balls.
Refer to Table 18-4. The table above outlines the rankings of three members of the U.S. House of Representatives on three spending alternatives
Assume that Congress can spend additional revenue on only one of the three spending alternatives and that Tom, Dick, and Harriet, all members of the House of Representatives, participate in a series of votes in which they are to determine which of the spending alternatives should receive funding. Three votes will be taken: (1 ) Foreign Aid and Post-Secondary Education (2 ) Foreign Aid and Roads and Bridges and (3 ) Post-Secondary Education and Roads and Bridges. Determine whether the voting paradox will occur as a result of these votes.