Answer:
Jobs argument
Explanation:
-The national-security argument states that some industries have to be protected by imposing tariffs to maintain the local production in case of a war.
-The unfair-competition argument says that the domestic market has to be protected when there is unfair competition because companies from other countries are subject to different regulations.
-Using-protection-as-a-bargaining-chip argument states that the threat of imposing a restriction can help to eliminate a restriction that was imposed by another country.
-Infant-industry argument says that new industries have to be protected because they don't have economies of scales that their competitors from others countries have.
-The jobs argument claims that the trade with other countries eliminates the local jobs.
According to this, the answer is that the senator is using the jobs argument to argue for the trade restriction on steel rods because he claims that it is necessary to impose those restrictions to protect the workers from losing their jobs.
Answer:
D
Explanation:
A good has negative externality if the costs to third parties not involved in production is greater than the benefits. an example of an activity that generates negative externality is pollution. Pollution can be generated at little or no cost, so they are usually overproduced. Government can discourage the production of activities that generate negative externality by taxation. Taxation increases the cost of production and therefore discourages overproduction. Tax levied on externality is known as Pigouvian tax.
Government can regulate the amount of externality produced by placing an upper limit on the amount of negative externality permissible
Coase theorem has been proposed as a solution to externality. According to this theory, when there are conflicting property rights, bargaining between parties involved can lead to an efficient outcome only if the bargaining cost is low
Another solution to negative externality is through the activities of charities. Charities can raise donations to limit or regulate the activities of firms that constitutes a negative externality.
Answer:
the processes by which money enters into circulation the buying and selling of government securities to alter the supply of money
Explanation:
Open market operations are one of the tools that the Fed uses to regulate the supply of money and credit in the economy. It entails buying or selling if securities in the market to either increase or decrease the amount of money in circulation. Open market operations can be used for either expansionary or contractionary policies.
Should the Fed observe that the economy is slowing down, it may result in buying securities and bonds from the banks. The act of buying increases the cash available for in the banks. If the reserves are constant, it means banks will be holding excess cash. Banks will resort to lending to firms and individuals, which increases the money supply in the market.
Answer:
1. Margin = 8%
2. Turnover = $7,500,000
3. Return on Investment = 12%
Explanation:
Sales for the year = $7,500,000
Net Operating Income = $600,000
Average Operating Assets = $5,000,000
1. Therefore, Margin = ( Net operating Income/Total Sales ) 
100 = 8%
2. Turnover = Sales for the period = $7,500,000
3. Return on Investment = Net Income/Average Operating assets
= $600,000/$5,000,000 = 12%
Answer:
at any level of units sold, net income will be higher if more higher contribution margin units are sold than lower contribution margin units.
Explanation:
When products with high margins are sold, profit is made and net income becomes higher. For lower contribution margin units sold to make an impact on the net income, many more units must be sold. However, in cases where units with higher contribution margin are sold, net income is positively affected.
