Figure 17-13 In , if the world price of a baseball is $3 and a tariff of $1 per baseball is imposed in the United States, how many baseballs will the United States import?

Youland is hit by a recession. What will be the impact of a countercyclical policy on labor demand in Youland if nominal wages are downwardly rigid?

What will be an ideal response?

________ is the human resource that organizes labor, land, and capital

A) Human capital B) Human skill C) A gift of nature D) Entrepreneurship E) Profit