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Author Question: Tariffs and import quotas both decrease the amount of a good consumed and raise the price paid by ... (Read 152 times)

folubunmi

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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.



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ju

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Answer to Question 1

TRUE

Answer to Question 2

D




folubunmi

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Reply 2 on: Jun 29, 2018
Thanks for the timely response, appreciate it


mcarey591

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

 

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