A voluntary export restraint is an agreement negotiated by two countries that places ________ that can be imported by one country from another country
A) a tax on goods B) a minimum quantity of a good
C) a numerical limit on the quantity of a good D) quality standards on goods
C
Economics
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The figure above shows the production possibilities frontier for a country. A combination of 2 million gallons of milk and 2 million gallons of ice cream is
A) attainable and production inefficient. B) unattainable. C) attainable but more than production efficient. D) attainable and production efficient. E) More information is needed to determine if the point is attainable or not.
Economics
The total number of people aged 16 years and over who are not institutionalized ________
A) equals the number of employed plus unemployed B) is the working-age population C) does not include students D) is the labor force
Economics