If a tariff is imposed on imports of shrimp into the United States, U.S. consumers ________ and U.S. producers ________
A) lose; lose
B) gain; lose
C) gain; gain
D) gain; are unaffected
E) lose; gain
E
You might also like to view...
Refer to Figure 13-1. Ceteris paribus, a decrease in households' expectations of their future income would be represented by a movement from
A) AD1 to AD2. B) AD2 to AD1. C) point A to point B. D) point B to point A.
Borrowing VCU3 from an online company cause the nation's:
a. Monetary base to remain the same. b. M2 money supply to fall. c. M2 money multiplier to rise. d. M2 money supply to rise.
Which of the following is a necessary condition for voters to be able to hold their government accountable?
A. retrospective voting B. ideological congruence C. clarity of responsibility D. confessionalism
(Consider This) The ratchet effect is the tendency
A. the price level to increase but not to decrease. B. nominal GDP to increase more rapidly than real GDP. C. real interest rates to fall more rapidly than nominal interest rates. D. consumption to rise year after year regardless of what happens to disposable income.