The president of the United States can obtain a court injunction that will stop a strike for an 80-day "cooling-off"period if the strike is expected to imperil national safety or health. This power is granted in the

Mercantilism

A) is the philosophy of free international trade. B) was a system of export promotion and barriers to imports practiced by governments, especially in the 17th and 18th centuries. C) was praised by Adam Smith in The Wealth of Nations. D) Both A and C.

If good "A" is represented on the horizontal axis and good "B" on the vertical axis, then the steeper the production possibilities frontier at a given level of production of good "A," the

a. larger the opportunity cost of producing an extra unit of good "A." b. larger the quantity of resources being devoted to the production of good "B." c. smaller the quantity of resources being devoted to the production of good "A." d. smaller the opportunity cost of producing an extra unit of good "A." e. greater the returns to scale in the production of good "A."