Protection of an infant industry should be withdrawn once that industry:
a. charges the same price as foreign competitors.
b. goes public on the stock exchange.
c. raises a large amount of sales revenue.
d. achieves sufficient size to compete with foreign firms.
e. earns enough profit as a result of the subsidies to remain in business.
d
Economics
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The largest liability on the balance sheet of most banks is its
A) loans. B) holdings of securities. C) deposits with the Federal Reserve. D) checking account and savings account deposits of its customers. E) vault cash.
Economics
Using the information in the table, what is the value of gross investment?ConsumptionGross InvestmentGovt. PurchasesNet ExportsNominal GDP$9 trillion $3 trillion-$1 trillion$14 trillion
A. $4 trillion B. $1 trillion C. $3 trillion D. $2 trillion
Economics