The contention that tariffs should be imposed when a foreign government provides financial assistance to its producers is
A) a national defense concern.
B) the infant industry argument.
C) dumping.
D) to counter foreign subsidies.
Answer: D
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Based on the figure below. Starting from long-run equilibrium at point C, a tax cut that increases aggregate demand from AD to AD1 will lead to a short-run equilibrium at point ________ and eventually to a long-run equilibrium at point ________, if left to self-correcting tendencies. 
A. D; C B. B; C C. B; A D. D; B
The Bureau of Labor Statistics unveils an unemployment rate figure every
A) two weeks. B) month. C) two months. D) quarter.
Historical data representing consumption and disposable income reveals that
a. during the 1930s, U.S. saving was at a high level. b. U.S. citizens increased saving during World War II. c. there is no systematic relationship between the two. d. consumption rises faster than disposable income during recessions.
The market supply curve
a. is found by vertically adding the individual supply curves. b. slopes downward. c. represents the sum of the prices that all the sellers are willing to accept for a given quantity of the good. d. represents the sum of the quantities supplied by all the sellers at each price of the good.