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Protectionism creates government failure because tariffs and subsidies create large gains for a small group of people who lobby government.
Q2: A technological change that lowers the cost
Q22: Sunk costs influence smart choices.
Q37: Interest rates are the Bank of Canada's
Q40: Critics of inflation control targets worry that<br>A)
Q41: Which is a leakage out of the
Q65: During a recessionary gap, government fiscal policy
Q81: Research and development create positive externalities, promoting
Q89: According to the law of demand for
Q176: If the Bank of Canada wants to
Q210: Fiscal policies for economic growth shift<br>A) short-run