« previous next »

Author Question: The existence of dual economies support the argument for _____. a. developing domestic exports b. ... (Read 37 times)

magmichele12

  • Hero Member
  • *****
  • Posts: 559
on: Jun 30, 2018
The existence of dual economies support the argument for _____.
 a. developing domestic exports
  b. reducing quotas on foreign goods
  c. a more active monetary policy
  d. the free movement of resources
  e. imposing trade restrictions

Question 2

How do taxes distort the incentives of buyers and sellers in a market?


Dominic

  • Sr. Member
  • ****
  • Posts: 328
Reply #1 on: Jun 30, 2018
Answer to Question 1

e

Answer to Question 2

A tax drives a wedge between the price paid by buyers and that received by sellers. In general, a tax will both increase the price paid by buyers and decrease the price received by sellers, causing both the quantity of output demanded and the quantity supplied to decrease.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Anti-aging claims should not ever be believed. There is no supplement, medication, or any other substance that has been proven to slow or stop the aging process.

Did you know?

Hypertension is a silent killer because it is deadly and has no significant early symptoms. The danger from hypertension is the extra load on the heart, which can lead to hypertensive heart disease and kidney damage. This occurs without any major symptoms until the high blood pressure becomes extreme. Regular blood pressure checks are an important method of catching hypertension before it can kill you.

Did you know?

Human kidneys will clean about 1 million gallons of blood in an average lifetime.

Did you know?

Astigmatism is the most common vision problem. It may accompany nearsightedness or farsightedness. It is usually caused by an irregularly shaped cornea, but sometimes it is the result of an irregularly shaped lens. Either type can be corrected by eyeglasses, contact lenses, or refractive surgery.

Did you know?

HIV testing reach is still limited. An estimated 40% of people with HIV (more than 14 million) remain undiagnosed and do not know their infection status.

The wildcat Felis silvestris is a close relative and possible ancestor of the domestic cat. The wildcat Felis silvestris is a close relative and possible ancestor of the domestic cat.
Wild boar/domestic pig hybrid, displayed at Rothschild Museum, Tring, England Wild boar/domestic pig hybrid, displayed at Rothschild Museum, Tring, England
Diverticulosis. It is the presence of abnormal pouches in the wall of the large intestine (diverticu Diverticulosis. It is the presence of abnormal pouches in the wall of the large intestine (diverticu
Soils support plant growth through ion exchange Soils support plant growth through ion exchange
Fertility in the Developing World Fertility in the Developing World
Prove the argument using two column proof number 5 only Prove the argument using two column proof number 5 only
Video: Inflammatory response Animation

For a complete list of videos, visit our video library