6) A relevant factor explaining that college tuition ination is higher than overall US ination of goods and services is that educational loans shift: a) The demand curve inward While the supply is elastic. b) The supply curve While demand is elastic. c) The demand curve outward While supply is inelastic. d) The supply curve While the demand is inelastic Welfare Impact of Import Tariffs and Quotas 7) Based on the graph above, the Dead Weight Loss (DWL) measured by triangle BGF is generated by: a) The reduction of voluntary transactions. b) The forced import substitution. c) Lobbying costs. d) None of the above