It has been estimated that the marginal propensity to consume out of tax rebate money is around 1/3

Consumers always prefer indifference curves that are ____ the origin

a. closer to b. tangent to c. farther from d. concave relative to

Which of the following probably best explains why trade restrictions are imposed even if the costs to consumers are greater than the benefits to protected industries?

a. Indifference on the government's part to the interests of domestic workers b. A desire to make other countries suffer c. Successful lobbying by consumers d. Successful lobbying by employers and workers e. The government's preference to safeguard the interest of the producers at the expense of the consumers