In the figure above, the tariff ________ the domestic production of shirts in the United States by ________ per year
A) increases; 8 million
B) decreases; 16 million
C) increases; 4 million
D) decreases; 8 million
A
Economics
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If autonomous spending decreases, then
A) the expenditure multiplier means that equilibrium expenditure increases by a larger amount. B) the expenditure multiplier means that equilibrium expenditure increases by a smaller amount. C) equilibrium expenditure does not change. D) the expenditure multiplier means that equilibrium expenditure decreases by a larger amount. E) equilibrium expenditure decreases by the same amount.
Economics
According to the public choice theory, voters who choose to remain uninformed about the issues are behaving irrationally
a. True b. False Indicate whether the statement is true or false
Economics