Typically, hard economic times decrease nativism.
True/False
Robert Reich, former Secretary of Labor in the Clinton administration, makes the point that labor is more mobile than capital.
True/False
Europeans lead the world in terms of the quantity of genetically modified (GM) foods consumed.
True/False
An example of the theory of efficiency wages is when employers pay less than the going rate to their employees.
True/False
Some of the solutions offered for ending poverty include increasing welfare programs, and eliminating training programs.
True/False
Protectionism is where the government protects domestic industry from overseas competition.
True/False
A dollar today is more valuable than a dollar tomorrow.
True/False
External costs are imposed when an action by one person or firm harms another, outside of any market exchange.
True/False