Restrictions on imports, Restrictions on imports. Adding an

Restrictions on imports

Assignment Help Business Economics

Reference no: EM131389021

1. Restrictions on imports

a. eventually reduce exports, too.

b. are the quickest way for a country in recession to start on a path of economic recovery.

c. enhance economic welfare by encouraging more exports.

d. usually have no long-run effects on an economy.

2. Adding an additional family member to the labor force:

a. decreases the unemployment rate

b. can increase economic growth, especially if productivity is not growing

c. automatically increases productivity

d. automatically decreases productivity

Reference no: EM131389021

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