A new U.S. import quota on imported steel would be likely to:
A. raise the cost of production to steel-using American firms.
B. generate tax revenue to the government.
C. decrease U.S. production of steel.
D. increase the production of steel-using American firms.
A. raise the cost of production to steel-using American firms.
You might also like to view...
Elaine spends $10 a week on pizza and Pepsi. The price of pizza is $2 a slice and the price of a Pepsi is $2. The table shows Elaine's total utility from pizza and Pepsi
Elaine maximizes her total utility by buying ________ slices of pizza and ________ Pepsis a week. A) 5; 0 B) 0; 5 C) 3; 2 D) 2; 3
Futures trading practices in the United States are regulated by
A) the Chicago Board of Trade. B) the Chicago Mercantile Exchange. C) the Commodities Futures Trading Commission. D) the Board of Futures Trading.
Direct controls work if
A. there is vigilance and enthusiasm in enforcement by the regulatory agency. B. the court system prosecutes cases no matter how long it takes. C. there are affordable penalties imposed by the legal system. D. each polluter pays the same charge for pollution reduction.
The person most closely associated with a conservative theory of poverty is
A. Charles Murray. B. William Julius Wilson. C. Frances Fox Piven. D. Barbara Ehrenreich.