Economists are often required to make unrealistic assumptions concerning the problems they are investigating
a. True
b. False
Indicate whether the statement is true or false
True
Economics
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A tariff is a tax on ________ goods that is designed to ________
a. exported; protect domestic industries b. exported; hurt foreign industries c. imported; make domestic consumers pay more d. imported; protect domestic industries e. domestic; discourage imports
Economics
n a straight-line production
a. decreases b. increases c. stays the same d. is indeterminable
Economics