Suppose Ecuador imposes a tariff on imported bananas. If the increase in producer surplus is $50 million, the reduction in consumer surplus is $150 million, and the deadweight loss of the tariff is $30 million, then the tariff generates $130 million in revenue for the government

The percentage of workers who work part time for noneconomic reasons

A) has decreased from 30 percent of the labor force in 1980 to 20 percent in 2011. B) does not fluctuate much at all with the business cycle. C) has trended upward since 1980. D) fluctuates strongly with the business cycle. E) decreases during a recession as the number of discouraged workers increases.

The theory that government borrowing may function like an increase in taxes, that is, reducing current consumption and business expenditures, is known as

A) the marginal propensity to consume. B) the Ricardian equivalence theorem. C) planned tax policy. D) Congressional Tax policy.