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Author Question: If the United States imposes a tariff on imported cars, the A) U.S. demand curve shifts ... (Read 109 times)

erika

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on: Jun 29, 2018
If the United States imposes a tariff on imported cars, the
 
  A) U.S. demand curve shifts rightward.
  B) U.S. demand curve shifts leftward.
  C) U.S. supply curve shifts rightward.
  D) the price in the United States rises but neither the U.S. demand curve nor the U.S. supply curve shift.

Question 2

A key feature of the new growth theory is the assumption of
 
  A) diminishing returns to labor.
  B) diminishing returns to knowledge.
  C) no diminishing returns to knowledge.
  D) no diminishing returns to labor.


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lorealeza77

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Reply #1 on: Jun 29, 2018
Answer to Question 1

D

Answer to Question 2

C


erika

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Reply #2 on: Jun 29, 2018
Thank you


lorealeza77

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Reply #3 on: Jun 29, 2018
No problemo


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