A U.S. import tariff imposed on steel is likely to:
a. increase employment in the U.S. steel industry
b. increase the real incomes of steel users.
c. raise the total quantity of foreign and domestic steel sold in the United States.
d. increase employment in the economy as a whole.
a
Economics
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Which of the following would cause the real interest rate to be negative?
a. When the nominal interest rate is greater than the inflation rate b. When the nominal interest rate is greater than the rate of deflation c. When the nominal interest rate is smaller than the rate of deflation d. When the nominal interest rate is smaller than the inflation rate e. When the nominal interest rate is equal to the inflation rate
Economics
In the ordered pair (5, 3), 3 is the
a. horizontal location of the point. b. the slope. c. the x-coordinate. d. the y-coordinate.
Economics