The above figure shows the demand and cost curves facing a monopoly. If a $100 per unit tax is charged, the loss in welfare resulting from the tax is

A central bank is

A) an international bank. B) the largest bank in the country. C) a banker's bank. D) the largest bank in the country's capital.

Which of the following strategies does your text suggest would allow a poorer nation to "catch up" to richer nations?

A) Unionization B) Higher minimum wages C) Lower interest rates D) Adoption of advanced technology E) Minimizing imports and maximizing exports