An import quota on sugar
A) increases the imports of sugar and lowers its price.
B) increases the imports of sugar and raises its price.
C) increases the demand for sugar and raises its price.
D) decreases the imports of sugar and raises its price.
D
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Medicaid is an example of a cash assistance poverty program
Indicate whether the statement is true or false
In most societies, dollar price acts as the main rationing device. If dollar price weren't the main rationing device, would there still be a need for some rationing device to take its place?
A) No, because with dollar price there would be no scarcity, although shortages would still exist. B) Yes, because there is a need for a rationing device as long as scarcity exists. C) Yes, because there is a need for a rationing device as long as the world's population is so large. D) No, because dollar price creates scarcity and without money price scarcity wouldn't exist. E) none of the above
Successful advertising:
a. generally causes a firm’s costs to fall. b. generally causes industry costs to fall. c. normally causes demand for the firm to shift right. d. normally causes industry demand to shift left. e. normally causes consumers to buy things for which they have no use
Your business' success is most likely to be affected by Federal Reserve policy if it is in the
A) defense industry. B) health services industry. C) restaurant industry. D) residential construction industry.