Based on the figure above, when the market is unregulated and is in equilibrium, the deadweight loss is
A) $86.25 million per year.
B) $56.25 million per year.
C) $48.75 million per year.
D) $37.50 million per year.
E) zero.
A
Economics
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In the United States saving is allocated to its most productive use by:
A. the federal, state, and local governments. B. the Federal Reserve. C. a decentralized, market-oriented financial system. D. regulations and laws designed to improve productivity.
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If there is a deficit in the financial accounts, ________.
A. the sum of the capital account and the current account must be less than zero B. the sum of the reserve account and capital account must be zero C. the sum of the current account and the reserve account must be greater than zero D. the sum of the current account, reserve account, and capital account must be zero
Economics