Which of the following is not a short-run impact of increasing tariffs on the American industries they seek to protect?
a. government tax revenues increase
b. domestic production and sales by the protected industries increase
c. consumers' real incomes decrease
d. total domestic and foreign sales of those products in the United States increase
Question 2
The U.S. government establishing a policy that it will bail out troubled financial institutions and a resulting increase in the number of bank failures is an example of:
a. the moral hazard problem.
b. the free rider problem.
c. the adverse selection problem.
d. the lemon problem.
The explosion of the Maine in Havana harbor, killing 260 men, caused much speculation in the newspap
Japan’s surprise attack on Pearl Harbor on December 7, 1941, killed more than 2,400 American ...
Children with Down syndrome have a small head, short, thick neck, flattened face, and a distinctive ...
Faith Ringgold, God Bless America, No. 13 from the series American People.
In middle childhood, children spend increasing amounts of time with peers and friends.
Short Table of Laplace Tranforms