Which of the following is not an example of a trade restriction?
A) quotas and voluntary export restraints
B) tariffs
C) consumer preferences for goods produced domestically
D) legislation requiring that cars sold in a country have a 50 percent domestic content
C
Economics
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In the above figure, the movement from point B to point A might be the result of
A) an increase in government expenditures because of a war. B) an increase in government expenditures because of increases in education expenditures. C) an increase in the demand for manufacturing goods because of new technology. D) a fall in the price level.
Economics
Why would a firm pay efficiency wages?
What will be an ideal response?
Economics