American unions came under increasing pressure in the 1950s because of stronger competition both at home and abroad

Quantitative easing refers to expansionary monetary policy when the economy is in a liquidity trap

a. true b. false

If the tariff on computers is not changed, but domestic computer producers shift from domestically produced semiconductors to imported components, then the effective rate of protection in the computer industry will

A) increase. B) decrease C) remain the same. D) depend on whether computers are PCs or "Supercomputers." E) no longer apply.