A government program that relies on high barriers to imported goods in order to stimulate domestic production of competing goods is an example of a(n) ________ policy

Which of the following is a common reaction to a decrease in the interest rate?

a. An increase in oil prices. b. A decrease in stock market prices. c. An increase in spending on new homes. d. An increase in military spending. e. An increase in federal highway spending.

Which of the following is a typical example of a fixed cost of production in a business firm?

A. Depreciation of capital B. Wages paid to hourly workers C. Electricity charges D. Sales taxes due