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Author Question: One big difference between tariffs and quotas is that tariffs: a. raise the price of a good while ... (Read 136 times)

stevenposner

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on: Jun 30, 2018
One big difference between tariffs and quotas is that tariffs:
 a. raise the price of a good while quotas lower it.
  b. generate tax revenues while quotas do not.
  c. stimulate international trade while quotas inhibit it.
  d. hurt domestic producers while quotas help them.
  e. give the same outcome as free trade while quotas do not.

Question 2

The consumption function shows the relationship between consumption and:
 a. interest rates.
  b. saving.
  c. price level changes.
  d. disposable income.


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DHRUVSHAH

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Reply #1 on: Jun 30, 2018
Answer to Question 1

b

Answer to Question 2

d


stevenposner

  • Member
  • Posts: 608
Reply 2 on: Jun 30, 2018
YES! Correct, THANKS for helping me on my review

jomama

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Reply 3 on: Yesterday
Wow, this really help

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