The difference between a tariff and a quota is that the revenue from the tariff goes to the

A) domestic consumer.
B) domestic producer.
C) domestic government.
D) foreign producers.
E) foreign government.

C

Economics

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If income increases or the price of a complement falls, the

A) demand curve for a normal good shifts leftward. B) demand curve for a normal good shifts rightward. C) supply curve of a normal good shifts leftward. D) supply curve of a normal good shifts rightward.

Economics

A shortcoming of national income accounting is that it ignores: a. the depreciation of manufactured capital

b. spending by poor households who are receiving government transfer payments. c. spending on intermediate goods. d. the depletion of natural resources. e. U.S. products that are sold overseas.

Economics