If protective import-restricting quota are imposed by a country, in the majority of cases that nation's consumers end up
A) paying a lower price for the good than they otherwise would.
B) consuming more of the good than they otherwise would.
C) having more consumption choices than they otherwise would.
D) consuming less of the good than they otherwise would.
D
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Which of the following is true of a country having an absolute advantage in the production of a good? a. It is able to produce a good at a higher cost than other countries. b. It is able to produce a labor-intensive good only
c. It is able to produce a capital-intensive good only. d. It is able to produce a good at a lower cost than other countries.
A bank holds its reserves as ________ and ________
A) securities; loans B) securities; deposits at the Federal Reserve C) vault cash; deposits at the Federal Reserve D) vault cash; loans