Tariffs raise the price of imported goods, but quotas rarely do
Indicate whether the statement is true or false
False
Economics
You might also like to view...
Suppose the banking system currently has $400 billion in reserves, the reserve requirement is 8 percent, and excess reserves amount to $5 billion. What is the level of deposits?
a. $5,000 billion b. $4,937.5 billion c. $5,062.5 billion d. $4,995 billion
Economics
The opportunity cost of going to college might best be described as
A) the money that must be paid in order to attend college. B) the lowest—valued alternative use of the student’s time. C) the highest—valued alternative use of the student’s time. D) the value that the student attaches to not working.
Economics