If people expect prices to fall in the future, today
a. the consumption curve shifts downward
b. the consumption curve shifts upward
c. the investment curve shifts downward
d. there will be an upward movement along their consumption curves
e. there will be a downward movement along their consumption curves
A
Economics
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Special interest legislation generally leads to an increase in social welfare
a. True b. False
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For any import quota a country imposes, there exists a tariff the country could have imposed that will have the same impact on producers and consumers.
Answer the following statement true (T) or false (F)
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