A tariff hurts
A) the government by decreasing its revenue.
B) domestic producers who can't compete with cheaper imports.
C) consumers who pay more for the imported good.
D) All of the above answers are correct.
C
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From the figure below, please provide an explanation for the large decline in the growth rate of international reserves held by developing countries in the 2008-2009 period
What will be an ideal response?
The transactions approach to measuring M1 includes all of the following EXCEPT
A) traveler's checks. B) certificates of deposit. C) checking accounts. D) currency.
Persistent U.S. deflation between 1879 and the mid-1890s was primarily due to the fact that the ___________ was growing faster than the _________
a. supply of money; demand for money b. demand for money; supply of money c. demand for money; demand for goods d. demand for goods; supply of money
A market which only allows only one firm to operate at lowest average cost is called a(n)
a. natural monopoly. b. scale industry. c. increasing returns industry. d. large scale industry.