Cross elasticity tells a manager that the product they produce is

A) a countercyclical good.
B) a cyclical good.
C) a luxury.
D) a substitute or complement to other goods.

D

Economics

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During the 1980s, Harley-Davidson, the American motorcycle maker, asked Congress for tariff protection from large motorcycles imported from Japan

Harley-Davidson argued that their company needed protection so the company could reorganize and, after some time had passed, could become more competitive. Harley-Davidson's argument is similar to the ________ argument for protection. A) save domestic jobs B) national security C) anti-dumping D) infant-industry E) bring diversity and stability

Economics

With respect to local finance, it is correct to say that

A. Sales and excise taxes are the major source of revenue and highway construction and maintenance the major type of expenditure. B. Property taxes are the basic source of revenue and education the major type of expenditure. C. The corporate income tax is the major source of revenue and natural resource development the major type of expenditure. D. Estate and gift taxes are the major source of revenue and most expenditures are for hospitals and health services.

Economics