A tariff is a

A) tax on an exported good or service.
B) tax on an imported good or service.
C) subsidy on an exported good.
D) subsidy on an imported good.

B

Economics

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Workers laid off as a result of a recession suffer

A) structural unemployment. B) seasonal unemployment. C) natural unemployment. D) cyclical unemployment. E) frictional unemployment.

Economics

The mobility of _____ means that in the _____ it can be used for consumption, thus the burden of most corporate income taxes will be borne by the customers of a firm

a. labor; long run b. labor; short run c. capital; long run d. capital; short run

Economics