Tariffs tend to reduce the volume of imports by
A. Setting maximum allowable import limits.
B. Making them more expensive to domestic consumers.
C. Placing severe quality restrictions on imported goods.
D. Reducing prices of domestically produced goods.
Answer: B
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Which of the following is true of households?
a. It consists of the employed members of the family. b. It can comprise of either related members or unrelated individuals. c. It refers to only the owners of rented apartments. d. It comprises of a family of at least four members. e. It generally describes a family that has two earning members.
In the United States, the emergence of the third-party payment system explains ________ of the increase in health care expenditures from 1940 to the present.
A. a great deal B. all C. almost none D. none