Advanced Placement (AP), 25.03.2021 16:40 yselahernandez02
A. If GM, Ford, and our political leaders want to maintain full employment and expand economic opportunities and growth, they will have to develop and implement policies to achieve those goals. Explain the different effects of the following policies:
1. "Financial transfers to (workers whose jobs were eliminated), such as unemployment, insurance, and access to retraining programs"
2. Subsidies paid directly to the U. S. auto companies
3. Tariffs on auto parts manufactured in other countries
B. Which of the above 3 policies would bring the greatest long-term increase in economic growth? Explain clearly, making sure you refer to all 3 policy choices.
Answers: 1
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Afarm grows soybean and produces chickens. the opportunity cost of producing each of these products increases as more of it is produced. draw the? farm's ppf. label it ppf0. the farm adopts a new technology which allows it to use fewer resources to fatten chickens. draw a ppf that illustrates the impact of the new technology. label it ppf1.
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Compare the objectives and strategies of organized labor and populists for challenging the prevailing economic beliefs and practices of the ''gilded age.''
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A. If GM, Ford, and our political leaders want to maintain full employment and expand economic oppor...
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