Author Question: Tariff rates remained high in the U.S. throughout the postbellum period for which of the following ... (Read 31 times)

jace · **on:** Jun 30, 2018

Tariff rates remained high in the U.S. throughout the postbellum period for which of the following reasons?

(a) The government needed revenues to finance its expenditures.
(b) Special interest groups organized themselves to realize rents.
(c) Land sales dwindled as the Western frontier closed.
(d) All of the above.

Question 2

Which government policy is the principal focus of Ricardian Equivalence?

A) tax cuts
B) government spending increases
C) government borrowing
D) seignorage