Homework Clinic

Social Science Clinic => Economics => Microeconomics => Topic started by: evelyn o bentley on Jun 30, 2018

Title: The reward offered to households to refrain from spending their income on current consumption and ...
Post by: evelyn o bentley on Jun 30, 2018

The reward offered to households to refrain from spending their income on current consumption and instead save their income is
 a. rent
  b. credit
  c. utility
  d. interest
  e. forgone utility

Question 2

Revenue from a(n) __________ goes to the U.S. government while revenue from a(n) __________ goes to whomever secures the right to sell foreign goods in the U.S. market.
 a. export subsidy, quota
  b. tariff, quota
  c. domestic content requirement, low-interest loan
  d. tariff, export subsidy
  e. quota, tariff

Title: The reward offered to households to refrain from spending their income on current consumption and ...
Post by: katheyjon on Jun 30, 2018

Answer to Question 1

D

Answer to Question 2

B