________ and ___________ represent "new wave regulation"

Fill in the blank(s) with the appropriate word(s).

Ans: Safety, Environment

Economics

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Suppose the exchange rate in the year 2010 was 4 yuan per dollar and in 2011 the exchange rate fell to 3 yuan per dollar

If the price of a Chinese sweater was 120 yuan in both years, the new dollar price in 2011 would be ________ and imports of Chinese sweaters would ________. A) $30; increase B) $40; increase C) $40; decrease D) $30; decrease E) $40; stay the same because the price stayed the same at 120 yuan

Economics

Refer to Figure 4-1. If the market price is $2.50, what is the consumer surplus on the second ice cream cone?

A) $0.50 B) $1.50 C) $3.00 D) $10.50

Economics