Author Question: Usually the imposition of trade barriers affecting a particular good benefits ________ people ... (Read 91 times)

nmorano1 · **on:** Jun 29, 2018

Usually the imposition of trade barriers affecting a particular good benefits ________ people domestically, each of whom gains a ________.

A) a few; little
B) a few; lot
C) many; little
D) many; lot

Question 2

The reason that it is possible for the economy in the above figure to be at equilibrium point E2 rather than at equilibrium point E1 is that

A) in the long run there is always less than full employment.
B) in the short run the economy can produce more than it can in a long-run situation.
C) AD always shifts rightward and never shifts leftward.
D) the economy must be in a recession.