Which of the following is infrastructure?
a. Police.
b. Training and education.
c. Highways.
d. All of the above.
e. None of the above.
c
Economics
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It is better to protect an infant industry with _______ than ________.
a. a voluntary export restraint; a quota b. a voluntary export restraint; a tariff c. a tariff; a quota d. a quota; a tariff
Economics
With free entry
A) economic profits are possible over the long run. B) economic profits are possible but only over limited amounts of time. C) economic profits are not possible. D) the cost of capital will not be covered.
Economics