This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: The main redistribution effect of a tariff is the transfer of income from A) domestic producers ... (Read 22 times)

V@ndy87

  • Hero Member
  • *****
  • Posts: 571
on: Jun 30, 2018
The main redistribution effect of a tariff is the transfer of income from
 
  A) domestic producers to domestic buyers.
  B) domestic buyers to domestic producers.
  C) domestic producers to domestic government.
  D) domestic government to domestic consumers.
  E) foreign producers to domestic consumers.

Question 2

Under the gold standard, if the dollar price of gold is pegged at 35 per ounce and the euro price of gold is pegged at 12 euro per ounce, what is the dollar/euro exchange rate?
 
  What will be an ideal response?


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

zoeyesther

  • Sr. Member
  • ****
  • Posts: 315
Reply #1 on: Jun 30, 2018
Answer to Question 1

B

Answer to Question 2

The dollar/euro exchange rate must be constant and equal to
(35 per ounce) / (12 euro per ounce) = 2.92 per euro.


V@ndy87

  • Member
  • Posts: 571
Reply 2 on: Jun 30, 2018
Excellent

xiaomengxian

  • Member
  • Posts: 311
Reply 3 on: Yesterday
Great answer, keep it coming :)

« previous next »
 

Did you know?

Patients who have undergone chemotherapy for the treatment of cancer often complain of a lack of mental focus; memory loss; and a general diminution in abilities such as multitasking, attention span, and general mental agility.

Did you know?

The modern decimal position system was the invention of the Hindus (around 800 AD), involving the placing of numerals to indicate their value (units, tens, hundreds, and so on).

Did you know?

People with alcoholism are at a much greater risk of malnutrition than are other people and usually exhibit low levels of most vitamins (especially folic acid). This is because alcohol often takes the place of 50% of their daily intake of calories, with little nutritional value contained in it.

Did you know?

Blood is approximately twice as thick as water because of the cells and other components found in it.

Did you know?

Less than one of every three adults with high LDL cholesterol has the condition under control. Only 48.1% with the condition are being treated for it.

Transfer RNA (tRNA) Structure Transfer RNA (tRNA) Structure
Transfer RNA (tRNA) Structure Transfer RNA (tRNA) Structure
Schematic depiction of the hydrophobic effect Schematic depiction of the hydrophobic effect
The Effect of Using PPP on Comparisons of GDP The Effect of Using PPP on Comparisons of GDP
The Serial-Position Effect The Serial-Position Effect
Main mechanism of carbon dioxide transport and exchange. A lesser amount of CO2 travels to the lungs Main mechanism of carbon dioxide transport and exchange. A lesser amount of CO2 travels to the lungs
Video: Regulation of GFR: autoregulation via myogenic mechanism Myogenic mechanism

For a complete list of videos, visit our video library