In the Case of Declining Industries,wage Subsidies or Special Tax

question 41

Multiple Choice

In the case of declining industries,wage subsidies or special tax breaks that decline over time:

• A)can be more efficient than tariffs.
• B)are permanent import restrictions.
• C)can result in increasing shocks in the economy.
• D)equal or exceed the direct welfare loss from tariffs.
• E)result from diseconomies of scale.

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Definitions:

Stolons

Horizontal above-ground plant stems or runners that take root at various intervals, spreading asexually to produce new plants.

Genetic Diversity

The total number of genetic characteristics in the genetic makeup of a species, contributing to its ability to adapt to changing environments.

Parental Genotypes

The genetic makeup of the parents that contributes to the genetic constitution of their offspring.

Fitness

Often related to physical health, referring to one's ability to perform a specific task or the biological concept of an individual's reproductive success.