The average tariff imposed on dutiable imports in the United States is about _______ percent.
A) 4
B) 12
C) 20
D) 28
Ans: A) 4
Economics
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If for a given year nominal GDP is $2000 billion and real GDP is $1500 billion, then the GDP price index is
A) 100. B) 1.33. C) 750. D) 0.75. E) 133.
Economics
Suppose that the local hospital claims that the wages of nurses are too high. Yet, the hospital has 10 nursing positions open and no applicants for the jobs. Is the hospital's claim legitimate? Why or why not?
What will be an ideal response?
Economics