« previous next »

Author Question: The existence of dual economies support the argument for _____. a. developing domestic exports b. ... (Read 89 times)

magmichele12

  • Hero Member
  • *****
  • Posts: 559
on: Jun 30, 2018
The existence of dual economies support the argument for _____.
 a. developing domestic exports
  b. reducing quotas on foreign goods
  c. a more active monetary policy
  d. the free movement of resources
  e. imposing trade restrictions

Question 2

How do taxes distort the incentives of buyers and sellers in a market?


Dominic

  • Sr. Member
  • ****
  • Posts: 328
Reply #1 on: Jun 30, 2018
Answer to Question 1

e

Answer to Question 2

A tax drives a wedge between the price paid by buyers and that received by sellers. In general, a tax will both increase the price paid by buyers and decrease the price received by sellers, causing both the quantity of output demanded and the quantity supplied to decrease.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Approximately one in three babies in the United States is now delivered by cesarean section. The number of cesarean sections in the United States has risen 46% since 1996.

Did you know?

Certain rare plants containing cyanide include apricot pits and a type of potato called cassava. Fortunately, only chronic or massive ingestion of any of these plants can lead to serious poisoning.

Did you know?

Signs of depression include feeling sad most of the time for 2 weeks or longer; loss of interest in things normally enjoyed; lack of energy; sleep and appetite disturbances; weight changes; feelings of hopelessness, helplessness, or worthlessness; an inability to make decisions; and thoughts of death and suicide.

Did you know?

The people with the highest levels of LDL are Mexican American males and non-Hispanic black females.

Did you know?

On average, someone in the United States has a stroke about every 40 seconds. This is about 795,000 people per year.

Structure of an ovule developing into a seed. Structure of an ovule developing into a seed.
Diverticulosis. It is the presence of abnormal pouches in the wall of the large intestine (diverticu Diverticulosis. It is the presence of abnormal pouches in the wall of the large intestine (diverticu
A dual-nozzle TBI unit on a Chevrolet 5.0 L V-8 engine. The fuel is squirted above the throttle ... A dual-nozzle TBI unit on a Chevrolet 5.0 L V-8 engine. The fuel is squirted above the throttle ...
Two methods by which cells migrate in the developing neural tube: somal translocation and ... Two methods by which cells migrate in the developing neural tube: somal translocation and ...
Structural MRIs of healthy volunteers with a genetic predisposition to developing depression reveals ... Structural MRIs of healthy volunteers with a genetic predisposition to developing depression reveals ...
Share of Human Capital in Wages in Developing Countries Share of Human Capital in Wages in Developing Countries
Video: Gastroesophageal Reflux Disease (GERD)

For a complete list of videos, visit our video library