Author Question: A tariff has the effect of: a. raising the price of the exported product. b. increasing the demand ... (Read 25 times)

scienceeasy

  • Hero Member
  • *****
  • Posts: 565
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
  • ****
  • Posts: 351
Answer to Question 1

e

Answer to Question 2

c



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Asthma cases in Americans are about 75% higher today than they were in 1980.

Did you know?

Hippocrates noted that blood separates into four differently colored liquids when removed from the body and examined: a pure red liquid mixed with white liquid material with a yellow-colored froth at the top and a black substance that settles underneath; he named these the four humors (for blood, phlegm, yellow bile, and black bile).

Did you know?

Green tea is able to stop the scent of garlic or onion from causing bad breath.

Did you know?

Amphetamine poisoning can cause intravascular coagulation, circulatory collapse, rhabdomyolysis, ischemic colitis, acute psychosis, hyperthermia, respiratory distress syndrome, and pericarditis.

Did you know?

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

For a complete list of videos, visit our video library