This topic contains a solution. Click here to go to the answer

Author Question: Tariffs and import quotas both decrease the amount of a good consumed and raise the price paid by ... (Read 146 times)

folubunmi

  • Hero Member
  • *****
  • Posts: 524
Tariffs and import quotas both decrease the amount of a good consumed and raise the price paid by domestic residents for the good.
 
  Indicate whether the statement is true or false

Question 2

Which of the following statements is TRUE?
 
  A) If private saving is greater than private investment, then the private sector has a surplus.
  B) If private investment is greater than private saving, then the private sector has a deficit.
  C) If private investment is greater than private saving, then either the government or net export sector must have a surplus.
  D) All of the above answers are correct.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

ju

  • Sr. Member
  • ****
  • Posts: 325
Answer to Question 1

TRUE

Answer to Question 2

D




folubunmi

  • Member
  • Posts: 524
Reply 2 on: Jun 29, 2018
Thanks for the timely response, appreciate it


debra928

  • Member
  • Posts: 342
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

 

Did you know?

People with high total cholesterol have about two times the risk for heart disease as people with ideal levels.

Did you know?

Eating carrots will improve your eyesight. Carrots are high in vitamin A (retinol), which is essential for good vision. It can also be found in milk, cheese, egg yolks, and liver.

Did you know?

The average older adult in the United States takes five prescription drugs per day. Half of these drugs contain a sedative. Alcohol should therefore be avoided by most senior citizens because of the dangerous interactions between alcohol and sedatives.

Did you know?

Most women experience menopause in their 50s. However, in 1994, an Italian woman gave birth to a baby boy when she was 61 years old.

Did you know?

According to the National Institute of Environmental Health Sciences, lung disease is the third leading killer in the United States, responsible for one in seven deaths. It is the leading cause of death among infants under the age of one year.

For a complete list of videos, visit our video library