Patents, tariffs, and quotas are all examples of A) entry ...

[Caiter2013]

Patents, tariffs, and quotas are all examples of
 
  A) entry barriers that protect consumers.
  B) entry barriers that improve a country's standard of living.
  C) government-imposed barriers.
  D) economic regulations that increase efficiency.

Question 2

The substitution effect of a price increase causes a decrease in the quantity of an inferior good demanded.
 
  Indicate whether the statement is true or false

[kaykay69]

Answer to Question 1

C

Answer to Question 2

TRUE