Tariffs and quotas are designed to
Select one:
a. protect domestic industry.
b. promote third-world development.
c. increase trade deficits.
d. decrease prices consumers pay for goods.
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The largest category of non renewable energy in use in the United States is
Select one:
a. coal.
b. oil.
c. hydroelectric power.
d. natural gas.
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The restructuring of the Soviet economy introduced by Gorbachev was called
Select one:
a. Gos plan.
b. collectivization.
c. Five-Year Plan.
d. perestroika.
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The Smoot-Hawley Tariff of 1930 resulted in
Select one:
a. the highest tariff rates in U.S. history.
b. significant growth of domestic industry.
c. the lowest tariff rates in U.S. history.
d. rapid growth of international trade.
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The third stage of economic development is a period of
Select one:
a. primitive equilibrium.
b. transition.
c. take off.
d. semi development.
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Question text There are two radically different ways for...a society to satisfy all their needs: by producing a lot, as in Western societies, or by not wanting a lot, as in those...anthropologist Marshall Sahlins has called "Zen” societies. The "Zen” way chosen by hunter-gatherer societies is to stop producing food as soon as...the quantity in hand has reached a level sufficient for their needs. ...Hunter-gatherers do not live in utter privation, nor are they constantly in search of permanently inadequate food. On the contrary, they may be said to have created "the first affluent society,” spending only a few hours a day on meeting their material needs and keeping the rest of their time free for recreational and social activities. Source: Marie Roué, "An Economy of Sharing
,” UNESCO Courier, January 1998. Based on the passage, if you were to adopt a "Zen” lifestyle here in the United States, you would Select one: a. grow your own food. b. gather as much food as you could and store some for lean times. c. work only as long as required to meet your survival needs. d. not work at all. Question 28 Not yet answered Marked out of 1.00 Flag question text What is a negative consequence of the tariff illustrated in this graph? Select one: a. The price that consumers pay for the good has increased because of the tariff. b. The government was unable to impose a tariff because the domestic market offered a cheaper price than the world market. c. All of these are correct. d. Because the tariff lowered the market price for the good, the quality of the good decreased.