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Author Question: Many people argue that the imposition of tariffs in industry X will increase factor incomes in that ... (Read 35 times)

gjjjjjdkkkkk3k3k33k

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on: Oct 12, 2022
Many people argue that the imposition of tariffs in industry X will increase factor incomes in that industry and therefore be good for the country as a whole. The counter-argument is that
◦ factor incomes overall would increase, but wages in industry X would fall, which would hurt workers in that industry.
◦ the increase in industry X factor incomes would be more than offset by reductions in real incomes to all other domestic residents.
◦ factor incomes would first rise and then decrease in industry X.
◦ the increase in factor incomes would increase unemployment.
◦ the increase in factor incomes in industry X would reduce profits to business owners by an equal amount.
Microeconomics ¦ Ragan ¦ 17th Edition
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Marked as best answer by gjjjjjdkkkkk3k3k33k on Oct 12, 2022

Htimsrs

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Reply #1 on: Oct 12, 2022
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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gjjjjjdkkkkk3k3k33k

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Reply 2 on: Oct 12, 2022
Great answer, keep it coming :)

ecabral0

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Reply 3 on: Yesterday
Excellent

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