Typically, restrictions to "save domestic jobs" simply redistribute jobs by creating:
a. employment in the protected industry and reducing employment elsewhere.
b. employment in nonprotected industries and reducing employment in the protected industry.
c. labor unions in the nonprotected industries at the expense of employment in the protected industries.
d. employment in the primary sector at the expense of the secondary sector.
e. labor unions in the protected industries at the expense of employment in nonunionized industries.
a
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If the price of a slice of pizza rises from $2.50 to $3, and quantity demanded falls from 10,000 slices to 7,400 slices, using the formula for arc price elasticity what is the percentage change in price?
A) 18.18% B) 29.89% C) 20% D) 16.67%
Latin American economies have become relatively more closed to international trade since 1985
Indicate whether the statement is true or false