Refer to Figure 9-1. Suppose the government allows imports of leather footwear into the United States. The market price falls to $18. What is the value of consumer surplus?

If the World Bank makes loans to nations that can attract private funds

A) the increase in growth in that nation will spill over to other nations that are developing. B) the presence of the World Bank's loans will lead to even more private funds being attracted to that country. C) the World Bank's loans will crowd out the private funds made to developing nations to encourage economic growth. D) these loans will interfere in the private market for capital goods and can lead to inefficient investment.

How can a bond mutual fund report a return of over 13% when the coupon rate of the bonds they are holding are just 7% and interest rates are falling?

What will be an ideal response?