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Author Question: A tariff is a tax on ____ goods that is designed to ____. a. exported; protect domestic industries ... (Read 110 times)

bobypop

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A tariff is a tax on ____ goods that is designed to ____.
 a. exported; protect domestic industries
  b. exported; hurt foreign industries
  c. imported; made domestic consumers pay more
  d. imported; protect domestic industries
  e. domestic; discourage imports

Question 2

Economists refer to the simple relationship between consumption and disposable income as:
 a. autonomous consumption.
  b. the marginal propensity to consume.
  c. the absolute disposable income hypothesis.
  d. disposable income.
  e. the consumption function.



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sylvia

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Answer to Question 1

d

Answer to Question 2

e




bobypop

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Reply 2 on: Jun 30, 2018
Thanks for the timely response, appreciate it


marict

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

 

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