The export supply and import demand curves measure the domestic shortage and surplus, respectively, at different world prices

a. True
b. False
Indicate whether the statement is true or false

False

Economics

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What are the effects of the double taxation of dividends?

What will be an ideal response?

Economics

Refer to the diagram for athletic shoes. If the current output of shoes is Q 3 , then:



A. society should produce fewer shoes to achieve the optimal allocation of resources.
B. society should produce more shoes to achieve the optimal allocation of resources.
C. resources are being allocated efficiently to the production of shoes.
D. shoes are more valuable to society than alternative products

Economics