Which term refers to a rule that every imported product must be opened by hand and inspected with a magnifying glass, by one of just three government inspectors available at any given time?

a. a non-tariff barrier
b. a quota
c. a government bureaucracy
d. an import quota

a. a non-tariff barrier

Economics

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Refer to Table 15-2. Consider the hypothetical information in the table above for potential real GDP, real GDP, and the price level in 2016 and in 2017 if the Federal Reserve does not use monetary policy

If the Fed wants to keep real GDP at its potential level in 2017, it should A) increase income taxes. B) sell Treasury securities. C) increase the required reserve ratio. D) buy Treasury securities.

Economics

A well-capitalized financial institution has ________ to lose if it fails and thus is ________ likely to pursue risky activities

A) more; more B) more; less C) less; more D) less; less

Economics