The principle benefit of tariff protection goes to
A) domestic consumers of the good produced.
B) foreign consumers of the good produced.
C) domestic producers of the good produced.
D) foreign producers of the good produced.
E) the domestic government.
C
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Suppose that: 1 ) The interest on a one-year bond today is 3%; 2 ) The interest on a one-year bond starting one year from now is expected to be 4% per year; 3 ) The interest on a one-year bond starting two years from now is expected to be 5% per
year; 4 ) The risk premium on a two-year bond is 0.5%; and 5 ) The risk premium on a three-year bond is 1.0%. Use that information to answer the following questions. a) According to the expectations theory, what is the interest rate today on a two-year bond? Show your work. b) According to the expectations theory, what is the interest rate today on a three-year bond? Show your work. c) Plot the yield curve.
The concept that suggests that given the available inputs and technology, it is impossible to produce more of one good without decreasing the quantity that is produced of another good is:
a. the law of supply. b. balanced production. c. productive efficiency. d. effective demand.
Are property taxes progressive or regressive?
The marginal product of capital of producing 2,991 units of output (find point A) in the table below is: Production Function for Good XL*KQMPK=(?Q/?K)APK=(Q/K)LaborCapitalOutputMarginal Product of CapitalAverage Product of Capital900----910575.75.7092032426.716.2093065733.3B9401,07241.526.809501,52445.230.489601,97645.232.939702,39141.534.169802,72433.334.059902,991A33.2391003,0485.730.4891103,016-3.227.4291202,945-7.124.54
A. 26.7. B. 5.7. C. 2.4. D. 19.5.