If you are willing to sell your lawn mower business for $355,00 . and someone offers you $420,00 . for it, this transaction will generate:
a. There is no surplus created
b. $65,00 . worth of seller surplus and unknown amount of buyer surplus
c. $30,00 . worth of buyer surplus and $35,00 . of seller surplus
d. $65,00 . worth of buyer surplus and unknown amount of seller surplus
b
Economics
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So far this year prices have been up __% over last year's prices.
Fill in the blank(s) with the appropriate word(s).
Economics
If Table 12.2 represents all the investments available to the economy, the nominal interest rate is 2.5 percent and there is no inflation, what will be the level of investment in the economy?
A) $0 B) $200 C) $600 D) $900
Economics