Generally, if a nation imposes a tariff on imports,
a. part of the tax is paid by foreign exporters.
b. the entire tax is paid by foreign exporters.
c. none of the tax is paid by foreign exporters.
d. the tax has no impact on the profits of foreign exporters.
a
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The formula for the CPI is
A) (Cost of CPI market basket at base period prices ÷ Cost of CPI market basket at current period prices) × 100. B) (Cost of CPI market basket at current period prices ÷ Cost of CPI market basket at base period prices) × 100. C) (Cost of CPI market basket this year × Cost of CPI market basket at base period prices) × 100. D) (Cost of CPI market basket this year × Cost of CPI market basket at base period prices) ÷ 100. E) (Cost of CPI market basket at current period prices ÷ Cost of CPI market basket at next year's prices) × 100.
The larger the marginal propensity to import, the larger the government purchases multiplier
Indicate whether the statement is true or false
Write a short note on the regulation of the U.S. securities markets.
What will be an ideal response?
Which of the following most completely describes the concept of price elasticity of demand?
a. A measure of the responsiveness of quantity demanded to a change in consumer income b. A measure of the responsiveness of quantity demanded to a change in the price of a substitute c. The percentage change in quantity demanded divided by the percentage change in price d. The percentage change in quantity demanded divided by the percentage change in the price of a substitute