Which of the following statements is false?
A. Studies show that developing nations that have relied on import restrictions to protect
domestic industries have had higher growth rates than similar nations pursuing more open economic policies.
B. The U.S. Constitution forbids individual states from levying tariffs.
C. The high tariffs of the Smoot-Hawley Act of 1930 and the retaliation they caused worsened
the Great Depression.
D. The European Union has enhanced prosperity in Western Europe.
A. Studies show that developing nations that have relied on import restrictions to protect
domestic industries have had higher growth rates than similar nations pursuing more open economic policies.
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The value of a slice of pizza to a consumer is equal to
A) its marginal benefit. B) the maximum price the consumer is willing to pay. C) the consumer surplus. D) Both answers A and B are correct. E) Both answers B and C are correct.
Write a brief history of the federal income tax in the United States. Your description should reference dates and constitutional/political issues, if any
What will be an ideal response?