An import quota restricts ________ and is designed to protect domestic ________
A) exports; consumers
B) exports; producers
C) imports; consumers
D) imports; producers
D
Economics
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Keynes mentioned two factors that influenced planned investment spending
A) interest rates and disposable income. B) interest rates and business expectations about the future. C) disposable income and business expectations about the future. D) interest rates and business expectations about inflation.
Economics
John Maynard Keynes's central proposition that a dollar increase in disposable income would increase consumption, but by less than the increase in disposable income, means the marginal propensity to consume (MPC) is:
a. greater than or equal to one. b. equal to one. c. less than one, but greater than zero. d. negative.
Economics