A quota is a tax on imports.
Answer the following statement true (T) or false (F)
False
You might also like to view...
Who determines the open-market operations of the Federal Reserve System?
A) Board of Governors B) FDIC C) FHLBB D) FOMC
A by-product of the acceptance of the Keynesian school was the wide approval and practice of activist government fiscal policy around the world
a. True b. False Indicate whether the statement is true or false
Recall some historical facts from the chapter: Which of the following firms grew primarily through vertical mergers?
a. Exxon b. American Can c. General Electric d. Anheuser-Busch e. American Tobacco
According to the "law" of demand, we would expect
a. the demand curve to be negatively sloped. b. the demand curve to be positively sloped. c. the total quantity demanded by the market to move in the same direction as price. d. marginal utility to increase as quantity demanded increases.