Aggregate expenditure is equal to
A) C - I - G - NX.
B) Y + C + I + G + NX.
C) C + I + G - NX.
D) C + I + G.
E) C + I + G + NX.
E
Economics
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Refer to the figure above. What is the producer surplus before Lithasia opens up to free trade?
A) $6 B) $12 C) $18 D) $24
Economics
In the figure above, originally the apartment rental market is in short-run and long-run equilibrium with a rent of $600 per month. Then the government imposes a rent ceiling of $500 per month. The deadweight loss is borne by
A) the producers only. B) the consumers only. C) all producers and some consumers. D) all consumers and some producers.
Economics