How would the imposition of tariffs on imported leather boots be likely to affect domestic boot manufacturers?
a. Foreign competition would increase.
b. Prices for domestic boots will be lower.
c. Boot prices will rise and sales increase.
d. Imports will outsell domestic boots.
c. Boot prices will rise and sales increase.
Economics
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During the Global Economic Crisis, the increase in the unemployment rate in Europe was
A) equal to that in the United States. B) less than that in the United States. C) greater than that in the United States. D) impossible to compare given that Europe did not experience crises.
Economics
Each governor of the Federal Reserve is
A) appointed by the President to a 4-year term. B) appointed by the President to a 14-year term. C) appointed by the President for life. D) elected by the Presidents of banks and savings institutions.
Economics