Refer to the figure above. With the tariff, the quantity of imports falls to
A) 10,000 units.
B) 12,000 units.
C) 14,000 units.
D) 22,000 units.
A
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Suppose that over time, consumers used discount stores at an increasing rate, the CPI would tend to be
a. accurate b. underestimated because consumers would buy goods and services at lower prices than those collected by the BLS c. underestimated because consumers would buy goods and services at higher prices than those collected by the BLS d. overestimated because consumers would buy goods and services at lower prices than those collected by the BLS e. overestimated because consumers would buy goods and services at higher prices than those collected by the BLS
Refer to the data. Marginal product becomes negative with the hiring of the __________ unit of labor
.
A. third
B. fourth
C. sixth
D. seventh