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Author Question: A positive rate of time preference means that a. time is relative to consumption b. consumption in ... (Read 98 times)

armygirl

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on: Jun 30, 2018
A positive rate of time preference means that
 a. time is relative to consumption
  b. consumption in the future is more important than consumption today
  c. consumption today is valued less than consumption in the future
  d. consumption in the future is valued less than consumption today
  e. consumption in the future and consumption today are positively related

Question 2

Which of the following is not a problem with trade restrictions?
 a. the high cost of rent-seeking activities such as lobbying
  b. the high cost of enforcement
  c. the unintended effects on related industries
  d. the inability to save U.S. jobs in the short run in industries that compete with imports
  e. the possibility of retaliation


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gstein359

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

D

Answer to Question 2

D


armygirl

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Reply #2 on: Jun 30, 2018
Correct answers!


gstein359

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Reply #3 on: Jun 30, 2018
Great! Please up vote :D


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