Which of the following is a store of value?
a. currency
b. U.S. government bonds
c. fine art
d. All of the above are correct.
d
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According to the text, the annual cost to the United States from its anti-dumping policies is equivalent to a deadweight loss of _____ uniform tariff applied across all imports.
a. a 1% b. a 6% c. a 10% d. a 15%
Which of the following least resembles a case of statistical discrimination?
A) Alphonso prefers not to hire anyone over the age of 55 because they tend to not have the technical computer skills he believes are necessary for his employees. B) Juliana hires only what she considers fit, healthy employees because she read that overweight employees miss more days of work due to health-related issues than do employees of average weight. C) Colleen, who is 6'2" in height, dislikes people under 6 feet tall and therefore only hires people who are at least as tall as she is. D) Tyrone believes that the Dutch have the best work ethic of all nationalities and therefore will hire someone of Dutch heritage over someone of any other nationality.