This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: A tariff is the same as a quota. Indicate whether the statement is true or ... (Read 34 times)

burton19126

  • Hero Member
  • *****
  • Posts: 532
on: Jun 29, 2018
A tariff is the same as a quota.
 
  Indicate whether the statement is true or false

Question 2

When the price level rises from 110 to 115, the aggregate level of GDP supplied rises from 80 billion to 120 billion.
 
  This ________ relationship represents the ________ relationship between the quantity of real GDP firms are willing to supply and the price level.
  A) positive; short-run B) negative; short-run
  C) positive; long-run D) negative; long-run


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

SAUXC

  • Sr. Member
  • ****
  • Posts: 318
Reply #1 on: Jun 29, 2018
Answer to Question 1

FALSE

Answer to Question 2

A


burton19126

  • Member
  • Posts: 532
Reply 2 on: Jun 29, 2018
Thanks for the timely response, appreciate it

Dinolord

  • Member
  • Posts: 313
Reply 3 on: Yesterday
Gracias!

« previous next »
 

Did you know?

Common abbreviations that cause medication errors include U (unit), mg (milligram), QD (every day), SC (subcutaneous), TIW (three times per week), D/C (discharge or discontinue), HS (at bedtime or "hours of sleep"), cc (cubic centimeters), and AU (each ear).

Did you know?

Sperm cells are so tiny that 400 to 500 million (400,000,000–500,000,000) of them fit onto 1 tsp.

Did you know?

The average older adult in the United States takes five prescription drugs per day. Half of these drugs contain a sedative. Alcohol should therefore be avoided by most senior citizens because of the dangerous interactions between alcohol and sedatives.

Did you know?

Cyanide works by making the human body unable to use oxygen.

Did you know?

Throughout history, plants containing cardiac steroids have been used as heart drugs and as poisons (e.g., in arrows used in combat), emetics, and diuretics.

True-color view of Mars seen through NASA's Hubble Space Telescope in 1999 True-color view of Mars seen through NASA's Hubble Space Telescope in 1999
True-color image of layers of haze in Titan's atmosphere. True-color image of layers of haze in Titan's atmosphere.
The correct statement about hormones-insulin and glucagon The correct statement about hormones-insulin and glucagon
True Friendship True Friendship
Example of Reconciling a Bank Statement Cont. Example of Reconciling a Bank Statement Cont.
Video: Hip Animation

For a complete list of videos, visit our video library