Author Question: Since World War II, most of the growth in U.S. government outlays is attributable to rapidly growing ... (Read 71 times)

Lisaclaire · **on:** Jun 30, 2018

Since World War II, most of the growth in U.S. government outlays is attributable to rapidly growing federal government transfer programs.
a. True
b. False
Indicate whether the statement is true or false

Question 2

Which of the following would be expected if the tariff on foreign-produced automobiles were increased?
a. The domestic price of automobiles would fall.
b. The supply of foreign automobiles to the domestic market would decline, causing auto prices to rise.
c. The number of unemployed workers in the domestic automobile industry would rise.
d. The demand for foreign-produced automobiles would increase, causing the price of automobiles to increase in other nations.