A regulation that specifies the maximum amount of a good or service that may be imported during a specified period of time is a:

A) quota.
B) tariff.
C) nontariff barrier.
D) export quota.

Ans: A) quota.

Economics

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Recall the Application. The loans made to borrowers who have a limited ability to actually repay their mortgages are known as

A) no-fault loans. B) stimulus loans. C) bankruptcy loans. D) subprime loans.

Economics

The short-run aggregate supply curve shows how ________ cause output to rise

A) increases in inflation B) decreases in unemployment C) decreases in nominal interest rates D) all of the above E) none of the above

Economics