Author Question: Surplus value that is lost due to taxes imposed on imported goods which are keeping the market from ... (Read 103 times)

saraeharris

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Surplus value that is lost due to taxes imposed on imported goods which are keeping the market from functioning as well as it can is called
 
  A) the loss of subsidy.
  B) the net export deficit.
  C) rent seeking loss.
  D) the deadweight loss of a tariff.

Question 2

All of the following statements are examples of positive economic analysis except
 
  A) as the unemployment rate decreases, fewer people are willing to relocate to find jobs.
  B) as the economy improves, more workers from other countries are migrating to the United States.
  C) exports from the United States should be increased to offset the growing number of imports into the United States.
  D) the U.S. economy is growing at a slower rate than the economy of Brazil.



Melissahxx

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Answer to Question 1

D

Answer to Question 2

C



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