A tariff is a tax on ____ goods that is designed to ____. a. ...

[bobypop]

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.

[sylvia]

Answer to Question 1

d

Answer to Question 2

e

[bobypop]

Thanks for the timely response, appreciate it

[covalentbond]

Excellent