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Author Question: The infant industry argument is based on the idea that: a. competitive pressure from established ... (Read 21 times)

bobthebuilder

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on: Jun 30, 2018
The infant industry argument is based on the idea that:
 a. competitive pressure from established foreign firms would encourage the infant industry's prospects for future growth.
  b. failure to shelter these infant industries tends to lead to political instability.
  c. small firms must be protected.
  d. none of these.

Question 2

The vertical intercept of the consumption function that represents the portion of consumption expenditure not associated with a level of disposable income is known as:
 a. zero income intercept.
  b. disposable income intercept.
  c. autonomous consumption.
  d. automatic consumption line.


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upturnedfurball

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Reply #1 on: Jun 30, 2018
Answer to Question 1

d

Answer to Question 2

c


bobthebuilder

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Reply 2 on: Jun 30, 2018
YES! Correct, THANKS for helping me on my review

mcarey591

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Reply 3 on: Yesterday
Gracias!

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