An import tariff will have what effect on price and quanititly in the domestic market for the good?
a. increase; increase
b increase; decrease
c. decrease; increase
d. decrease; decrease
e. decrease; no change
Ans: b increase; decrease
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Transferable permits are likely to result in less inefficiency, relative to a pollution tax, when
a. The marginal costs of damages are steep and the marginal costs of pollution reduction are relatively stable b. The marginal costs of damages are steep and the marginal costs of pollution reduction are steep c. The marginal costs of damages are relatively stable and the marginal costs of pollution reduction are relatively stable d. The marginal costs of damages are relatively stable and the marginal costs of pollution reduction are steep e. The marginal costs of damage are elastic and the marginal costs of pollution reduction are also elastic
A slowing U.S. economy and increased enforcement of immigration laws will reduce ________ factors for Mexican immigration to the United States
A) demand growth B) demand pull C) supply push D) supply growth E) network