From World War II through 2010, the United States experienced ________ recessions

Trade restrictions have been defended on the grounds that they

a. raise prices domestically and thus benefit consumers b. increase imports c. lower prices domestically and thus benefit consumers d. decrease product quality in domestic markets e. protect domestic infant industries

When an effective price ceiling is in place

A. on average the net change in consumer surplus is zero. B. some consumers are better off and others are worse off. C. every consumer is better off. D. every consumer is worse off.