Which of the following would be most likely to prompt businesses to make planned inventory investment?
a. reports of rising imports
b. an announced reduction in interest rates
c. soaring production levels
d. reports of rising unemployment
b. an announced reduction in interest rates
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The reason protectionism remains strong in the United States is that
A) economists can produce any result they are hired to produce. B) economists cannot persuade the general public that free trade is beneficial. C) economists do not really understand how the real world works. D) the losses associated with protectionism are diffuse, making lobbying by the public impractical. E) economists cannot agree on trade policy recommendations.
There is anecdotal evidence to suggest that global inequalities are often rooted in inequities
Indicate whether the statement is true or false