A possible reason a nation might impose a restrictive policy such as a tariff is to O a) increase the level of imports. O b) reduce the welfare of domestic producers. O) give consumers more foreign-made options. O d) increase the welfare of domestic consumers. e) help domestic firms increase market share relative to their foreign

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Q: O d. reduce; higher; higher

A:

Q: 1. Use the following lon from a fictional economy: Consumption, C = 250 + 0.8 Yd Investment, I = 200…

A: NOTE:Since we only answer up to 3 sub-parts, we’ll answer the first 3. Please resubmit the question…

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