A real cost of tariffs and quotas that is difficult to measure is that they
A) encourage rent seeking.
B) shift income from consumers to producers.
C) limit the quantity of imports.
D) reduce wages.
A
Economics
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What does the demand curve tell us about the price that consumers are willing to pay?
What will be an ideal response?
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In the years ahead we can expect the F/M earnings ratio to
a. remain constant. b. continue to increase. c. continue to increase until 2020, when the 'baby boom" generation retires" and then level off. d. decline.
Economics