Major U.S. exporters would be likely to oppose the sort of protectionist policies favored by domestic producers that compete with imports
a. True
b. False
Indicate whether the statement is true or false
True
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A subsidy is
A) the revenue received from the government to produce a good or service by a public authority. B) a voucher received by the government from producers of goods and services. C) a payment that the government makes to private producers of goods and services. D) a tax imposed on the producers of certain goods or services. E) a tax imposed on the consumers of certain goods or services.
A downward sloping demand curve indicates that
A) individuals all have the same valuation of the same product. B) individuals have different valuations of the same product. C) individuals have no valuations of a particular product. D) certain individuals are uninformed about certain aspects of the product.
Which of the following is not an example of a capital input?
A. ?A person's skills and abilities, which can be employed to produce valuable goods and services. B. ?Factories and offices where goods and services are produced. C. ?Tools and equipment. D. ?Computers used by a company to record inventory, sales, and payroll. ?
Bad process
What will be an ideal response?