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Author Question: Which of the following is NOT part of the first big economic question? A) What goods and services ... (Read 81 times)

Themember4

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on: Jun 29, 2018
Which of the following is NOT part of the first big economic question?
 
  A) What goods and services are produced?
  B) How are goods and services produced?
  C) For whom are goods and services produced?
  D) Why do incentives affect only marginal costs?

Question 2

A tariff is a tax
 
  A) on an exported good.
  B) on an imported good.
  C) imposed on all traded goods.
  D) imposed on people's income.
  E) imposed on the difference between the value of the goods a firm imports and the value of the goods it exports.


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kkenney

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Reply #1 on: Jun 29, 2018
Answer to Question 1

D

Answer to Question 2

B


Themember4

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

ghepp

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Reply 3 on: Yesterday
Gracias!

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