The increase in the price of sugar created by the tariff will lead domestic consumption to fall by ________ tons per year, compared to when the economy is open without the tariff. 
A. 20
B. 40
C. 10
D. 30
Answer: A
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The interest rate is:
A. only a return to borrowers. B. both a cost to savers and a return to borrowers. C. both a return to savers and a cost to borrowers. D. a cost to both savers and borrowers. E. only a cost to savers.
Refer to Table 21.2. What is the median income in Mysteria?
A) $5,000 B) $9,000 C) $10,000 D) $17,000
Refer to Figure 16-3. In the graph above, suppose the economy is initially at point A. The movement of the economy to point B as shown in the graph illustrates the effect of which of the following policy actions by Congress and the president?
A) a decrease in interest rates B) an increase in the money supply C) a decrease in income taxes D) a decrease in government purchases
For lock-in to be an effective competitive strategy, a firm must successfully raid the customer base of competing firms on a regular basis
Indicate whether the statement is true or false