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Author Question: Tariffs create deadweight losses and destroy wealth, whereas quotas increase cooperative surplus and ... (Read 45 times)

joesmith1212

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on: Jun 29, 2018
Tariffs create deadweight losses and destroy wealth, whereas quotas increase cooperative surplus and create wealth.
 
  Indicate whether the statement is true or false

Question 2

Which of the following is NOT considered a consumption good?
 
  A) Nike swimming trunks
  B) marriage counseling services
  C) a UPS truck
  D) a Subway sandwich
  E) a U.S. government bond


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kishoreddi

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

FALSE

Answer to Question 2

C


joesmith1212

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Reply 2 on: Jun 29, 2018
YES! Correct, THANKS for helping me on my review

meow1234

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Reply 3 on: Yesterday
Excellent

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