When a country that imports shoes imposes a tariff on shoes, buyers of shoes in that country become worse off

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

True

Economics

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In the short run in the Keynesian model, an increase in the domestic money supply would cause domestic output to ________ and the domestic real interest rate to ________

A) rise; rise B) fall; rise C) rise; fall D) fall; fall

Economics

Suppose the government has enacted policies to influence the amount of good x that is supplied. These policies are most likely to improve the allocation of resources if good x is

a. basic research. b. a congested toll road. c. spinach. d. clothing.

Economics