Author Question: Which of the following would increase prices for U.S. consumers? a. a tariff on imported ... (Read 55 times)

wenmo

  • Hero Member
  • *****
  • Posts: 540
Which of the following would increase prices for U.S. consumers?
 a. a tariff on imported automobiles
 b. an automobile import quota
 c. a foreign government subsidizing auto production
  d. (a) and (b) above only

Question 2

In the market for insurance, the moral hazard problem leads:
 a. those most likely to collect on insurance to buy it.
 b. those who buy insurance to take fewer precautions to avoid the insured risk.
  c. those with less insurance to take on more risk.
 d. to none of the above.



tennis14576

  • Sr. Member
  • ****
  • Posts: 334
Answer to Question 1

d

Answer to Question 2

b



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

The term bacteria was devised in the 19th century by German biologist Ferdinand Cohn. He based it on the Greek word "bakterion" meaning a small rod or staff. Cohn is considered to be the father of modern bacteriology.

Did you know?

More than 4.4billion prescriptions were dispensed within the United States in 2016.

Did you know?

More than 30% of American adults, and about 12% of children utilize health care approaches that were developed outside of conventional medicine.

Did you know?

Nitroglycerin is used to alleviate various heart-related conditions, and it is also the chief component of dynamite (but mixed in a solid clay base to stabilize it).

Did you know?

To prove that stomach ulcers were caused by bacteria and not by stress, a researcher consumed an entire laboratory beaker full of bacterial culture. After this, he did indeed develop stomach ulcers, and won the Nobel Prize for his discovery.

For a complete list of videos, visit our video library