When the profits of firms that produce import-competing goods and services fall, these firms ________ their workforce, unemployment in these industries ________, and wages ________

A) cut; decreases; rise
B) cut; decreases; fall
C) cut; increases; fall
D) expand; increases; rise
E) cut; increases; rise

C

Economics

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A current account surplus exists if the balance on the

A. capital account is zero. B. capital account is positive. C. current account is negative. D. current account is positive.

Economics

Table 7.2 contains price, demand, and cost data for the Capri Theater, the only first-run movie theater in a small town. What is its profit from students under the student discount policy?

A. $200 B. $250 C. $325 D. $375

Economics