The difference between a tariff and a quota is that the tariff revenue goes to the
A) domestic government.
B) holder of the quota license.
C) foreign government.
D) domestic consumer.
E) domestic producer.
A
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Which of the following statements about the composition of price indices is NOT true?
A) The Paasche index is calculated with current-year prices. B) The Paasche index is calculated with base-year quantities for the bundle. C) The Laspeyres index is calculated with current-year prices. D) The Laspeyres index is calculated with base-year quantities for the bundle.
Which of the following will discourage investment?
a. well-defined property rights b. monetary instability c. a low and steady rate of inflation d. low tax rates
Explain how the Keynesian view differs from the classical view with respect to saving. Explain further how the two views differ with respect to investment
The high school graduation rate ________ between 1950 and 2000.
A. rose dramatically B. rapidly vacillated C. fell dramatically D. stayed relatively constant