An increase in the tariff on foreign-produced automobiles would most likely help

a. the domestic producers of automobiles.
b. steel producers that sell most of their output to foreign producers of automobiles.
c. workers in the foreign automobile industry.
d. consumers looking for alternatives to domestic automobiles.

A

Economics

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If the MPC = 0.9 and a household obtains $20,000 more dollars then how much would the household spend of the additional $20,000?

A. $20,000 B. $2,500 C. $18,000 D. $17,500

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Reducing class size will

A. improve student test scores. B. decrease student test scores. C. have no impact on student test scores. D. have an undetermined impact on test scores.

Economics