Which of the following would increase prices for U.S. consumers? ...

[wenmo]

Which of the following would increase prices for U.S. consumers?
 a. a tariff on imported automobiles
 b. an automobile import quota
 c. a foreign government subsidizing auto production
  d. (a) and (b) above only

Question 2

In the market for insurance, the moral hazard problem leads:
 a. those most likely to collect on insurance to buy it.
 b. those who buy insurance to take fewer precautions to avoid the insured risk.
  c. those with less insurance to take on more risk.
 d. to none of the above.

[tennis14576]

Answer to Question 1

d

Answer to Question 2

b