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What is a major disadvantage in the use of import barriers to make domestic goods cheaper? a. Domestic manufacturers create more jobs for both citizens and immigrants. b. Domestic manufacturers may lose the economic incentive to become more efficient. c. Import manufacturers stop trying to send their goods to the country that has import barriers. d. The line between imported and domestic goods becomes harder and harder to draw.
Weegy: b) domestic manufacturers may lose the economic incentive to become more efficient User: Trade occurs, generally speaking, because it is a _______ sum game. a. positive c. negative b. zero d. neutral Weegy: Trade occurs, generally speaking, because it is a ___positive ____ sum game. User: The ability to produce more of a given product using a given amount of resources is called: a. comparative advantage c. resource advantage b. absolute advantage d. technological advantage (More)
Question
Expert Answered
Updated 5/9/2014 6:18:53 PM
1 Answer/Comment
The ability to produce more of a given product using a given amount of resources is called: ABSOLUTE ADVANTAGE.
Added 5/9/2014 6:18:53 PM
If the economy is suffering from stagflation, monetary policy could conflict with fiscal policy because: a. the government may not want to monetize a deficit. c. the government may feel that raising taxes is politically unpalatable. b. monetary policy could be directed at solving inflation by utilizing its tools to implement a contractionary policy, whereas, fiscal policy may be utilizing its tools to solve a stagnating economy that would lead to an expansionary policy. d. none of the above.
Weegy: the government may feel that raising taxes is politically unpalatable. User: Objects that have value because the holder can exchange them for something else of value is called: a. fiat money c. representative money b. commodity money d. uniformed money (More)
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Updated 3/5/2016 2:21:00 AM
1 Answer/Comment
Objects that have value because the holder can exchange them for something else of value is called representative money.
Added 3/5/2016 2:21:00 AM
the fractional reserve system allows the Federal Reserve to: a. control state banks c. control interest rates b. create extra deposit money d. regulate the amount that member banks can borrow
Question
Not Answered
Updated 63 days ago|2/18/2017 8:43:41 AM
1 Answer/Comment
The fractional reserve system allows the Federal Reserve to: regulate the amount that member banks can borrow.
Added 63 days ago|2/18/2017 8:43:41 AM
This answer has been confirmed as correct, not copied, and helpful.
Confirmed by jeifunk [2/18/2017 9:08:01 AM]
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