What did the Economic Act of 1946 require the U.S. government to do?
(a) Keep its "hands off" the economy
(b) Present an annual "Economic Report of the President"
(c) Let market forces determine equilibrium quantities of labor hired and wages paid
(d) Maintain a current account surplus where U.S. exports exceeded imports each year
(b)
Economics
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An analysis of the case of Harley-Davidson reveals that the deadweight loss of import protection ___________ the gain in future producer surplus.
a. was slightly less than b. slightly exceeded c. vastly exceeded d. was roughly the same as
Economics
Refer to Table 4.2. If you choose to invest in Japanese bonds, your investment return from Scenario C will be
A) -3%. B) -1%. C) 2%. D) 5%.
Economics