Why would a new limit on trade in goods with the United States by Canada be more important to the U.S. economy than the same type of policy in Italy?
a. Canadians speak English so U.S. citizens are more interested in what they do.
b. Canada has greater natural resource access than the U.S
c. Canada is one of the U.S.' largest trading partners.
d. Canada uses the U.S. dollar as an official currency.
c
Economics
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Suppose that 130 people are unemployed for part of a given year; 120 are unemployed for 1 month, and 10 are unemployed throughout the year. What percentage of total months of unemployment is attributable to the long-term unemployed?
A. 7.7 per cent B. 10 per cent C. 13 per cent D. 50 per cent
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What will an indifference curve look like between two commodities that are perfect complements, such as right shoes and left shoes?
What will be an ideal response?
Economics