Refer to Figure 18-1. Of the tax revenue collected by the government, the portion borne by consumers is represented by the area

The idea behind reciprocity between two trading countries is that they

a. share the gains from trade equally b. eliminate quotas against each other c. eliminate tariffs against each other d. use the same set of trading practices with respect to each other e. agree to retaliate against other trading countries

Firms pay out a portion of their earnings in the form of interest and dividends, and those payments are a portion of the economy's capital income

a. True b. False Indicate whether the statement is true or false