Most tariffs have
A) only revenue effects.
B) only protective effects.
C) both protective and revenue effects.
D) neither protective nor revenue effects.
C
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Of the following items, which has the most inelastic demand?
A) food B) fruit C) apples D) Gala apples
Eligibility for income assistance benefits requires a prior financial contribution from the individual covered; eligibility for social insurance programs does not
a. True b. False
Each member of the Board of Governors of the Fed serves:
a. a four-year term that begins at the same time as that of the newly elected president. b. a four-year term that does not coincide with the term of the current president c. until a new president is elected. d. a fourteen-year term. e. a six-year term.
Describe the two basic strategies of unions in increasing wage rates for their members.
What will be an ideal response?