What is the total profit to the monopolist from selling the goods separately?
a. $12,000
b. $13,000
c. $11,000
d. $10,000
c
Economics
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Whenever government spending is a substitute for private spending
A) interest rates will rise. B) the Ricardian equivalence theorem holds. C) the effects of expansionary fiscal policy are dampened. D) there is a direct multiplier effect.
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The principal cause of the housing cycle is natural disaster, such as Midwest floods and California earthquakes
Indicate whether the statement is true or false
Economics