If the United States imposes a tariff on imported cars, the
A) U.S. demand curve shifts rightward.
B) U.S. demand curve shifts leftward.
C) U.S. supply curve shifts rightward.
D) the price in the United States rises but neither the U.S. demand curve nor the U.S. supply curve shift.
D
Economics
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Use the above table. At an income of $50
A) real saving is $10. B) real saving is $20. C) real dissaving is $10. D) real dissaving is $50.
Economics
The marginal product of any input into the production process is the:
A. constant ratio of inputs to outputs. B. increase in output that is generated by an additional unit of input. C. ratio total output divided by total quantity. D. decrease in input that is generated by an additional unit of output.
Economics