A restriction on imports is likely to reduce further restrictions on trade.

Answer the following statement true (T) or false (F)


False

Economics

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Diminishing marginal returns do not exist for increases in

A) capital stock. B) labor. C) total factor productivity. D) Diminishing marginal returns exist for all of the above answers.

Economics

The public policies designed to mitigate the effects of monopolies are:

A. highly debated issues. B. well-defined and accepted. C. highly effective. D. proven to increase benefits more than increase costs.

Economics

Cash distributions made by government to individuals when no good or service is received in exchange are known as __________.

A. Taxes B. Transfer payments C. Poverty payments

Economics

The benefits from free trade are not evenly distributed throughout an economy t/f

a. true b. false

Economics