Tariffs reallocate income from
A) consumers to producers.
B) producers to consumers.
C) government to producers.
D) consumers to foreigners.
E) Both A and D.
A
Economics
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Which of the following factor payment matches is not correct?
a. goods–payments for goods b. capital–interest c. labor–wage d. entrepreneurship–profit e. land–rent
Economics
In the supply curve, the relationship between price and quantity supplied is
a. inverse. b direct. c. nonexistent. d. not determined.
Economics