If you support laissez-faire economic policies, you would generally favor __________
a. a reduction in economic regulation
b. an increase in economic regulation
c. an increase in the collective bargaining rights for labor unions
d. an increase in the tariffs assessed on imported goods
a
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What is a tariff? Why has the world economy moved from high tariffs and protectionism to lower tariffs and nontariff barriers?
What will be an ideal response?
When a college admissions office is trying to predict which students are likely to succeed if they are admitted to that college, the admissions officers are interested in seeing if there is a relationship between SAT or ACT scores and first year
grades. In this example, the SAT or ACT scores would be the a. predictor variable. b. measured variable. c. confirmatory variable. d. criterion variable.