Tariffs and import quotas both decrease the amount of a good ...

[folubunmi]

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.

[ju]

Answer to Question 1

TRUE

Answer to Question 2

D

[folubunmi]

Gracias!

[tuate]

Excellent