Refer to the above figure. A unit tax has been placed on the good. What is the total amount of the tax?

A) 0
B) P2 - P0
C) P2 - P1
D) P1 - P0

B

Economics

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Over the past 50 years, the U.S. labor force participation rate has decreased for

i. men. ii. women. iii. the over-all labor force. A) i only B) ii only C) i and iii D) ii and iii E) i, ii, and iii

Economics

Under the Bretton Woods system, U.S. dollars were redeemable for ________ only if the dollars were presented by a foreign central bank

A) silver B) gold C) foreign currency D) U.S. Treasury bonds

Economics