Within the circular flow of income, an increase in domestic income will tend to increase

Related MCQs

• Tariffs and quotas on imports tend to involve larger sacrifices in national welfare than would occur under domestic subsidies. This is because, unlike domestic subsidies, import tariffs and quotas:
• Because export subsidies tend to result in domestic exporters charging lower prices on their goods sold overseas, the home country’s:
• Domestic content legislation applied to autos would tend to:
• Suppose the government grants a subsidy to domestic producers of an import-competing good. The subsidy tends to result in deadweight losses for the domestic economy in the form of the:
• Starting at the point of equilibrium between the money supply and the money demand, an increase in the domestic money supply causes the value of the home currency to:
• Increased foreign competition tend to
• Governments around the world tend to auction quota licenses
• Low real interest rates in the United States tend to:
• When capital mobility is perfect, interest rate differentials will tend to be offset by ________
• International trade forces domestic firms to become more competitive in terms of: