Workers in industries protected by tariffs and quotas are likely to support these trade restrictions because
A) they do not want to offend their employers who want them.
B) they believe the restrictions will protect their jobs.
C) politicians lobby to convince workers the restrictions will make them better off.
D) they don't understand that the restrictions will threaten their jobs.
B
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If Sam Jackson voluntarily quits one job, possesses marketable skills, and expects to find a new job in a few weeks, then Mr. Jackson is considered:
a. frictionally unemployed. b. cyclically unemployed. c. seasonally unemployed. d. structurally unemployed. e. unwise to quit his job without already having another one.
If personal taxes are cut temporarily, the resulting
a. increase in personal saving would be larger than if they were cut permanently. b. decrease in personal saving would be larger than if they were cut permanently. c. decrease in personal saving would be smaller than if they were cut permanently. d. increase in personal saving would be smaller than if they were cut permanently.