Countervailing duties are:

a. applied to dumped imports.
b. applied to subsidized imports.
c. another name for safeguard duties.
d. not allowed under terms of the GATT.

Ans: b. applied to subsidized imports.

Economics

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When disposable income is zero, consumption expenditure is

A) also zero. B) negative. C) equal to induced consumption expenditure. D) equal to autonomous consumption. E) None of the above answers is correct.

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Standard measurements of the degree of income inequality take both money income and in-kind transfers into account

a. True b. False Indicate whether the statement is true or false

Economics