An import quota taxes an import but does not set a limit on how much may be imported
a. True
b. False
B
You might also like to view...
Mandatory motorcycle helmet laws are designed to reduce the severity of injuries resulting from motorcycle involvement in traffic accidents. In this sense, these mandatory helmet laws are reducing ________ of risky behavior
A) negative externalities B) the social benefit C) positive externalities D) the private benefit
External balance refers to
A) an economy which is on its LM curve. B) an economy which is on its IS curve. C) an economy which is on its BP curve. D) All of the above.
The order of inventories for production as they are needed is known as ________
A) just-in-time production B) production smoothing C) work in process D) stock out avoidance
Which statement about Temporary Assistance for Needy Families (TANF) is true?
a. States receiving TANF grants must impose work requirements on recipients. b. Each state gives the federal government a fixed amount of money for TANF. c. The federal government decides how each state will spend TANF grants. d. TANF benefits to poor families are the same amount in every state.