Which of the following is the best example of a quota?

a. a tax placed on all small cars sold in the domestic market
b. a limit imposed on the number of men's suits that can be imported from a foreign country
c. a subsidy from the U.S. government to domestic manufacturers of men's suits so they can compete more effectively with foreign producers of men's suits
d. a $100-per-car fee imposed on all small imported cars

b

Economics

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A bond's price and its yield to maturity are inversely related because

A) discounting future payments at a higher rate reduces the present value of the payments. B) discounting future payments at a higher rate increases the present value of the payments. C) an increase in the yield to maturity will lower a bond's coupon rate and hence its price. D) a fall in a bond's price will lower its par value and hence its yield to maturity.

Economics

Before 1860, most of the U.S. population lived _____ and most workers _____

a. in small to medium cities; were members of trade guilds b. in rural areas; were self-employed c. in large cities; were self-employed d. in large cities; were employed in mills and factories

Economics