Economists believe the most persuasive argument for protectionism is to
A) save jobs.
B) protect high wages.
C) protect national security.
D) protect infant industries.
Answer: D
Economics
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A recent purchaser of a bond that agrees to pay an annual nominal amount would hope that interest rates do not rise
Indicate whether the statement is true or false
Economics
When the average price level of a country actually falls, this is known as _____
a. inflation b. deflation c. hyperinflation d. cost-push inflation
Economics