Consumers will spend a higher proportion of a one-time bonus than they would of a permanent salary increase

Why does the free-rider problem occur in the debt market?

What will be an ideal response?

Which of the following statements is false?

A. Studies show that developing nations that have relied on import restrictions to protect domestic industries have had higher growth rates than similar nations pursuing more open economic policies. B. The U.S. Constitution forbids individual states from levying tariffs. C. The high tariffs of the Smoot-Hawley Act of 1930 and the retaliation they caused worsened the Great Depression. D. The European Union has enhanced prosperity in Western Europe.