The iron law of price is that it must rise before it can fall when a shortage
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Question:
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The iron law of price is that it must rise before it can fall when a shortage occurs.
True
False
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Most economists agree that tariffs and import restrictions make most people worse off.
True
False
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The majority of economists in the U.S. support which of the following?
dropping most if not all trade barriers
greater immigration to the U.S.
reducing or eliminating most agricultural subsidies
all of the above
none of the above
- Free market economists (classical) are more likely to be allied with Republicans than are Keynesian economists who are more likely to be allied with the Democrats.
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True
False
Related Book For
International Marketing And Export Management
ISBN: 9781292016924
8th Edition
Authors: Gerald Albaum , Alexander Josiassen , Edwin Duerr
Posted Date: