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

Author Question: If the United States imposes a tariff on 1 per imported shirt, the tariff will A) raise the price ... (Read 122 times)

dejastew

  • Hero Member
  • *****
  • Posts: 562
If the United States imposes a tariff on 1 per imported shirt, the tariff will
 
  A) raise the price of a shirt to U.S. consumers.
  B) benefit U.S. shirt producers.
  C) decrease imports of shirts into the United States.
  D) all of the above

Question 2

In the figure above, the demand curve shifts rightward from D0 to D1 so that D1 is the relevant demand curve. Suppose the government imposes a rent ceiling of 300 per month. In the short run there will be
 
  A) a shortage of 500,000 apartments.
  B) a shortage of 400,000 apartments.
  C) a shortage of 200,000 apartments.
  D) no shortage nor a surplus of apartments.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

diesoon

  • Sr. Member
  • ****
  • Posts: 353
Answer to Question 1

D

Answer to Question 2

C




dejastew

  • Member
  • Posts: 562
Reply 2 on: Jun 29, 2018
YES! Correct, THANKS for helping me on my review


kusterl

  • Member
  • Posts: 315
Reply 3 on: Yesterday
Gracias!

 

Did you know?

Automated pill dispensing systems have alarms to alert patients when the correct dosing time has arrived. Most systems work with many varieties of medications, so patients who are taking a variety of drugs can still be in control of their dose regimen.

Did you know?

Autoimmune diseases occur when the immune system destroys its own healthy tissues. When this occurs, white blood cells cannot distinguish between pathogens and normal cells.

Did you know?

Women are 50% to 75% more likely than men to experience an adverse drug reaction.

Did you know?

Giardia is one of the most common intestinal parasites worldwide, and infects up to 20% of the world population, mostly in poorer countries with inadequate sanitation. Infections are most common in children, though chronic Giardia is more common in adults.

Did you know?

Russia has the highest death rate from cardiovascular disease followed by the Ukraine, Romania, Hungary, and Poland.

For a complete list of videos, visit our video library