This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Many people argue that the imposition of tariffs in industry X will increase factor incomes in that ... (Read 79 times)

gjjjjjdkkkkk3k3k33k

  • Full Member
  • ***
  • Posts: 146
on: Oct 12, 2022
Many people argue that the imposition of tariffs in industry X will increase factor incomes in that industry and therefore be good for the country as a whole. The counter-argument is that
◦ factor incomes overall would increase, but wages in industry X would fall, which would hurt workers in that industry.
◦ the increase in industry X factor incomes would be more than offset by reductions in real incomes to all other domestic residents.
◦ factor incomes would first rise and then decrease in industry X.
◦ the increase in factor incomes would increase unemployment.
◦ the increase in factor incomes in industry X would reduce profits to business owners by an equal amount.
Microeconomics ¦ Ragan ¦ 17th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by gjjjjjdkkkkk3k3k33k on Oct 12, 2022

Htimsrs

  • Full Member
  • ***
  • Posts: 183
Reply #1 on: Oct 12, 2022
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 64% of students answer this correctly


gjjjjjdkkkkk3k3k33k

  • Member
  • Posts: 146
Reply 2 on: Oct 12, 2022
YES! Correct, THANKS for helping me on my review

billybob123

  • Member
  • Posts: 336
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

There are more bacteria in your mouth than there are people in the world.

Did you know?

Drugs are in development that may cure asthma and hay fever once and for all. They target leukotrienes, which are known to cause tightening of the air passages in the lungs and increase mucus productions in nasal passages.

Did you know?

Today, nearly 8 out of 10 pregnant women living with HIV (about 1.1 million), receive antiretrovirals.

Did you know?

As the western states of America were settled, pioneers often had to drink rancid water from ponds and other sources. This often resulted in chronic diarrhea, causing many cases of dehydration and death that could have been avoided if clean water had been available.

Did you know?

The liver is the only organ that has the ability to regenerate itself after certain types of damage. As much as 25% of the liver can be removed, and it will still regenerate back to its original shape and size. However, the liver cannot regenerate after severe damage caused by alcohol.

Primary production is constrained by the most limiting factor. Primary production is constrained by the most limiting factor.
A farmer with a pitchfork, wearing a hat identifying him as a Granger, warns of an oncoming “Consoli A farmer with a pitchfork, wearing a hat identifying him as a Granger, warns of an oncoming “Consoli
With tough economic times, a lot of people have lost their jobs—and their homes. If this happens, ... With tough economic times, a lot of people have lost their jobs—and their homes. If this happens, ...
Platelet-activating factor Platelet-activating factor
Trees provide ecosystem services to people Trees provide ecosystem services to people
The Oil Industry: BOEM iron triangle The Oil Industry: BOEM iron triangle
Video: Inflammation

For a complete list of videos, visit our video library