This topic contains a solution. Click here to go to the answer

Author Question: Union membership has continued to grow faster than the labor force in the United States since World ... (Read 122 times)

big1devin

  • Hero Member
  • *****
  • Posts: 583
Union membership has continued to grow faster than the labor force in the United States since World War II.
 a. True
  b. False

Question 2

Which of the following is true concerning the impact of tariffs and quotas?
 a. Tariffs raise the price of a good but quotas do not.
  b. Tariffs reduce consumer and producer surplus whereas quotas reduce domestic consumer surplus and increase domestic producer surplus.
  c. Both tariffs and quotas increase the quantity demanded.
  d. The revenue resulting from a tariff goes to the government whereas the revenue resulting from a quota goes to whoever is awarded the right to sell the product.
  e. The potential welfare loss is greater with tariffs than quotas.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

duke02

  • Sr. Member
  • ****
  • Posts: 312
Answer to Question 1

B

Answer to Question 2

D




big1devin

  • Member
  • Posts: 583
Reply 2 on: Jun 30, 2018
Wow, this really help


isabelt_18

  • Member
  • Posts: 342
Reply 3 on: Yesterday
:D TYSM

 

Did you know?

The top five reasons that children stay home from school are as follows: colds, stomach flu (gastroenteritis), ear infection (otitis media), pink eye (conjunctivitis), and sore throat.

Did you know?

Cancer has been around as long as humankind, but only in the second half of the twentieth century did the number of cancer cases explode.

Did you know?

Serum cholesterol testing in adults is recommended every 1 to 5 years. People with diabetes and a family history of high cholesterol should be tested even more frequently.

Did you know?

The lipid bilayer is made of phospholipids. They are arranged in a double layer because one of their ends is attracted to water while the other is repelled by water.

Did you know?

Chronic marijuana use can damage the white blood cells and reduce the immune system's ability to respond to disease by as much as 40%. Without a strong immune system, the body is vulnerable to all kinds of degenerative and infectious diseases.

For a complete list of videos, visit our video library