_____ prefer an import tax to a quota
a. Taxpayers
b. Domestic producers
c. Foreign producers
d. Consumers
a
You might also like to view...
In the Keynesian model, a $1 billion increase in autonomous consumption leads to ________ in equilibrium output.
A. no change B. a greater than $1 billion increase C. a $1 billion decrease D. a $1 billion increase
Refer to Table 19-11. Real GDP for Tyrovia for 2016 using 2007 as the base year equals
A) $1,140. B) $880. C) $690. D) $560.
Conditional probability of event A given that event B has already occurred is represented as the ratio between Pr[A and B] and Pr[B]
Indicate whether the statement is true or false
Jim enjoys the feeling of wind in his hair enough to ride his motorcycle without a helmet, even though he fully realizes the potential for injury it creates by not wearing one in the unlikely event he is in an accident. To an economist, Jim is
a. making an irrational choice. b. making a rational choice. c. not fully considering the personal costs and benefits of his decision. d. not responding to the incentives he faces.