Which of the following is an invalid argument for protection?
A) redistribution of income
B) infant industry protection
C) preservation of the home market
D) All of the above
C
Economics
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Other things remaining the same, which of the following is likely to cause a left shift in the supply curve for labor?
A) A decrease in population B) An increase in population C) A decrease in the demand for the final product that the labor is used to produce D) An increase in the demand for the final product that the labor is used to produce
Economics
List some of the reasons why GDP should not be considered an effective measure of the standard of living in a country.
What will be an ideal response?
Economics