Predatory dumping is the practice of
a. rejecting imports
b. persistently selling a good in another country for a price lower than the world price
c. persistently selling a good in another country for a price lower than the domestic price
d. temporarily selling a good in another country for a price lower than the world price to drive out competing producers
e. temporarily selling a good in another country for a price lower than the domestic price to drive out competing producers
E
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Suppose that the government collects $3 million in taxes, pays $2 million in social security benefits, pays $0.5 million in interest on the national debt, and pays workers $1 million to sit at their desks and work as little as possible
The government's contribution to GDP is A) $0. B) $1 million. C) $3 million. D) $3.5 million.
The Fed's dual mandate is to pursue the goals of
A) high employment and price stability. B) interest rate stability and financial market stability. C) rapid economic growth and low inflation. D) interest rate stability and a balanced budget.