An increase in government purchases will increase GDP by an amount equal to the change in government purchases times the expenditure multiplier

Discrimination that occurs when people's preferences cause them to discriminate against a certain group is referred to as:

A) group discrimination. B) special interest group discrimination. C) cultural discrimination. D) taste-based discrimination.

If an established domestic industry is in jeopardy of being displaced by lower-priced imports, there could be a rationale for

a. permanent import restrictions to prevent the decline of the domestic industry b. temporary import restrictions to allow the orderly adjustment of the domestic industry c. permanent import restrictions based on the infant industry argument d. temporary import restrictions based on the infant industry argument e. temporary import restrictions that will be replaced by permanent tax breaks for the domestic industry