Which of the following is not a short-run impact of increasing tariffs on the American industries they seek to protect?
a. government tax revenues increase
b. domestic production and sales by the protected industries increase
c. consumers' real incomes decrease
d. total domestic and foreign sales of those products in the United States increase
Question 2
The U.S. government establishing a policy that it will bail out troubled financial institutions and a resulting increase in the number of bank failures is an example of:
a. the moral hazard problem.
b. the free rider problem.
c. the adverse selection problem.
d. the lemon problem.
American Staffordshire Terrier
A Tibetan wolf killed in 1938. Note the proportionately short legs
Major moons of Uranus in order of increasing distance (left to right), at their proper relative size
Impact Breccias
A sidewheeler on the Mississippi. In 1856 Samuel Clemens became an apprentice to a steamboat pilot a
The grand opening of the huge Miraflores lock on the Panama Canal in October, 1914. The locks were b