If a decrease in the price of good A causes an increase in the demand for good B, then A and B must be complements

a. True
b. False

A

Economics

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In a small country, the net national cost of tariff protection is equal to the reduction in consumer surplus minus

A) the gain to foreigners. B) the increase in government revenue and the increase in producer surplus. C) the increase in government revenue. D) the increase in producer surplus. E) the efficiency loss and the consumption side loss.

Economics

Most of the state and local government employees are in what area?

A. Health care B. Education C. Administration D. Highways

Economics