A. exports
B. taxes
C. inventories
D. imports
A. Frictional unemployment
B. Seasonal unemployment
C. Cyclical unemployment
D. Structural unemployment
A. the wage, the rental price of capital and the rental price of land are all equal
B. the marginal product of labor equals zero and the production function is maximized
C. the value of the marginal product of labor equals the wage
D. the marginal product of labor equals the wage
A. unstable export markets
B. improving terms of trade
C. limited access to the markets of industrial countries
D. highly elastic demand curves for their products
A. specific
B. Direct
C. Ad valorem
D. Excise duty
A. indirect taxes
B. direct taxes
C. inelastic
D. value-added tax
A. domestic workers lobbying for import restriction
B. domestic workers lobbying for export restrictions
C. domestic consumers lobbying for export restrictions
D. domestic consumers lobbying for import restrictions