The deadweight loss of a tariff

A) is a social loss because it promotes inefficient use of national resources.
B) is a social loss because it reduces the revenue of the government.
C) is not a social loss because it merely redistributes revenue from one sector to another.
D) is not a social loss because it is paid for by rich corporations.
E) is not a social loss because it aids domestic consumers.

A

Economics

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The "new growth theory" focuses on the sources of technological change.

a. true b. false

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Over the past 40 years, the most frequent target for the Fed's monetary policy has been the: a. prime interest rate

b. federal funds rate. c. M1 money supply. d. M2 money supply. e. required reserve ratio.

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