Which of the following is a fixed percentage of the value of an imported product?
A) specific tariff
B) ad valorem tariff
C) nominal tariff
D) effective protection tariff
E) infant industry tariff
B
Economics
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The first run on a British bank since 1866 occurred in August 2007 at which bank?
A) Liberty Mutual B) Liberty Rock C) Northern Rock D) Bank of England E) First Savings and Loan
Economics
When disposable income is 3500, induced consumption is
A. -500.
B. 0.
C. 500.
D. 750.
Economics
If government spending increases, then the IS curve shifts to the right.
Answer the following statement true (T) or false (F)
Economics
An increase in the real value of stock prices, which is independent of a change in the price level, would affect aggregate demand due to the:
A. foreign purchases effect. B. real-balances effect. C. wealth effect. D. interest-rate effect.
Economics