A government-imposed restriction on the quantity of a good that can be imported is

When interest rates in the bond market rise,

A) adverse selection problems increase. B) adverse selection problems are mitigated. C) moral hazard problems increase. D) moral hazard problems are mitigated.

The failure of the mercantilism policy and the tax policy during the Great Depression proves that economic policies are meaningless and they do more harm than good

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