If the MPS is 0.4 and t is 0.3, then the tax multiplier is about -1.03.

The price that U.S. consumers pay for goods imported from Mexico has fallen and the quantity of U.S. imports from Mexico has ________

Because of these changes, the winners are U.S. ________ of goods imported from Mexico and the losers are U.S. ________ of goods imported from Mexico. A) increased; consumers; producers B) decreased; producers; consumers C) increased; producers; producers D) increased; producers; consumers E) decreased; consumers; producers

In the 1930s, the United States charged an average tariff rate ________. Today, the rate is ________

A) of 17 percent; 33 percent B) of less than 10 percent; over 40 percent C) of 100 percent; 20 percent D) above 50 percent; less than 1.5 percent