The above figures show the market for oranges. Which figure(s) shows the effect of a nation-wide consumer boycott of eating oranges?

A) Figure B
B) Figure C
C) Figures B and C
D) Figures A and D

A

Economics

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How does expansionary monetary policy increase spending in the economy compared to how expansionary fiscal policy increases spending in the economy?

What will be an ideal response?

Economics

In the Solow model, if f(k) = 2k0.5, s = 0.3, n = 0.05, and d = 0.15, what is the value of k at equilibrium?

A) 1 B) 3 C) 6 D) 9

Economics