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Author Question: A tariff has the effect of: a. raising the price of the exported product. b. increasing the demand ... (Read 72 times)

scienceeasy

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  • Posts: 565
on: Jun 30, 2018
A tariff has the effect of:
 a. raising the price of the exported product.
  b. increasing the demand for the exported product.
  c. increasing the demand for the imported product.
  d. increasing the supply of the imported product.
  e. raising the price of the imported product.

Question 2

A movement along the consumption function is caused by a change in:
 a. the price level.
  b. autonomous consumption.
  c. real disposable income.
  d. the stock of durable goods.


mjenn52

  • Sr. Member
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  • Posts: 351
Reply #1 on: Jun 30, 2018
Answer to Question 1

e

Answer to Question 2

c


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