Congressman willis hawley once said the following "i want to see american workers employed producing american goods for american consumption." if public policy and tax payer dollars are used to place u. s. workers into jobs producing u. s. goods intended for u. s. consumption, which of the following will occur?

the rate of return will be higher than if the available funds were directed by private investors.

there will be no difference in the allocation of investment funds, because politicians like congressman hawley will be motivated by the same incentives as private investors.

funds will be directed to the projects with the least political support, rather than simply the projects with the highest rate of return.

political influence, rather than market returns, will decide which workers will work and which production projects will be undertaken.

10. problems and applications q10 a market is described by the following supply-and-demand curves: qsqs = = 2p2p qdqd = = 300â’p300â’p the equilibrium price is $ and the equilibrium quantity is . suppose the government imposes a price ceiling of $90. this price ceiling is , and the market price will be $ . the quantity supplied will be , and the quantity demanded will be . therefore, a price ceiling of $90 will result in . suppose the government imposes a price floor of $90. this price floor is , and the market price will be $ . the quantity supplied will be and the quantity demanded will be . therefore, a price floor of $90 will result in . instead of a price control, the government levies a tax on producers of $30. as a result, the new supply curve is: qsqs = = 2(pâ’30)2pâ’30 with this tax, the market price will be $ , the quantity supplied will be , and the quantity demanded will be . the passage of such tax will result in .