Currency devaluations hurt consumers because they make imports ________ expensive

a. Less
b. More
c. All of the above
d. None of the above

b

Economics

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Apart from the Great Depression of the 1930s, which decade saw the largest rise in unemployment in the U.S.?

A) 1950s B) 1970s C) 1980s D) 1990s E) 2000s

Economics

The infant industry argument

a. is that governments should protect all industries for the first five years of existence b. is that governments should protect a new industry until it can "stand on its own feet" c. defends quotas on products produced by infant industries abroad d. has been used to justify protection of strategically important industries e. explains why some less developed countries export raw materials

Economics