In the figure above, the tariff ________ U.S. imports of shirts by ________ million shirts per year

A) decreases; 16
B) decreases; 8
C) increases; 8
D) increases; 4

A

Economics

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Refer to Figure 9.6. The amount the government pays in the market to implement this policy is

A) $20. B) $3000. C) $4000. D) $6000. E) $12,000.

Economics

One reason the supply of carpenters is greater than the supply of physicians is because:

a. carpenters demand less income. b. physicians do not belong to a union. c. of differences in human capital. d. carpenters belong to unions.

Economics