When tariffs on imported products are removed by a nation, it will result in:
A. Higher prices and lower quantities consumed in that nation
B. Higher prices and higher quantities consumed in that nation
C. Lower prices and lower quantities consumed in that nation
D. Lower prices and higher quantities consumed in that nation
D. Lower prices and higher quantities consumed in that nation
Economics
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What is the multiplier effect and when do multiplier effects occur?
What will be an ideal response?
Economics
Which of the following is true about poor populations?
A. There are more poor whites than poor blacks. B. The poor are more likely to be children than the elderly. C. The poor are disproportionately black and Hispanic. D. All of the options are correct.
Economics