Which of the following is most likely to happen, if investment in an economy falls?

Which of the following situations will arise in the domestic market following the imposition of a tariff?

A) imports decrease, domestic production increases, prices decrease B) imports decrease, domestic production increases, prices increase C) imports increase, domestic production decreases, prices decrease D) imports increase, domestic production increases, prices increase

____ occurs whenever a third party receives or bears costs arising from an economic transaction in which the individual (or group) is not a direct participant

a. Pecuniary benefits and costs b. Externalities c. Intangibles d. Monopoly costs and benefits e. none of the above