If the price of gold becomes less volatile, then, other things equal, the demand for stocks will ________ and the demand for antiques will ________

Downward wage rigidity arises when:

A) workers expect wages to increase due to economic expansion. B) workers and firms resist to wage cuts. C) firms resist increasing wages. D) quantity of labor demanded exceeds the quantity of labor supplied.

The argument that it is necessary to protect a new industry to enable it to grow into a mature industry that can compete in world markets is known as the

A) national security argument. B) diversity argument. C) infant-industry argument. D) environmental protection argument. E) national youth protection argument.