A direct restriction on the quantity of an import is called a tariff.

A section of Chapter 13 is called "Who Regulates the Regulators?" This section describes how some

a. pricing rules are chosen b. industries are protected by their regulators c. people are regulators and board members simultaneously d. ICC employees work for the FCC e. railroads captured the CAB

Refer to the figure below.________ inflation will eventually move the economy pictured in the diagram from short-run equilibrium at point ________ to long-run equilibrium at point ________, 

A. Rising; B; C B. Falling; A; C C. Falling; A; B D. Rising; A; C