Using calculations of the cost to Americans per job saved in protected industries, it can most likely be concluded that
A) import quotas are an efficient way to redistribute income.
B) each job saved is worth more than the cost imposed on consumers per job saved.
C) tariffs are an efficient way to redistribute income to disadvantaged groups.
D) each job saved is worth less than the cost imposed on consumers per job saved.

Question

Quizplus · Accepted Answer

The cost to consumers often exceeds the salary of the jobs saved, indicating that the economic cost per job saved is higher than the value of the job itself, making such protectionist measures inefficient in terms of overall economic welfare.

Using Calculations of the Cost to Americans Per Job Saved