Hedge funds, investment banks, and other non-depository financial firms are known as ________

The figure above gives your budget line for magazine and CDs per month. Given that your income equals $60 per month, what is your real income in terms of magazines?

A) 12 magazines B) 6 magazines C) 2 magazines D) $60/month

A problem with the infant industry argument is that

A) it is too restrictive in targeting new industries to protect. B) it does not protect the most important new industries in a country. C) it is almost impossible to eliminate the tariff once the industry matures. D) it allows infant industries to mature so that tariffs can be eliminated.