In the United States, which workers displaced by trade are able to adjust the easiest?
a. those in the service industries
b. those in the manufacturing industries
c. Evidence indicates that there is no difference across industries.
d. There is no available evidence on this topic.
Ans: a. those in the service industries
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The impact of instituting investment tax credits is
A) to stimulate private sector investments and increase aggregate demand. B) to stimulate private production and increase aggregate supply. C) to encourage individuals to save in an effort to increase funds available for investment. D) to curtail in excessive lending by financial institutions.
Autarchy as used in the text refers to
(a) an economy that does not trade. (b) an economy that trades primary products in exchange for manufactures. (c) developing country dictatorships. (d) the caste system and related social structures.