If the rate of growth of output is 10% and the rate of growth of per capita real GDP is 6%, what is the rate of growth of population?

When demand falls and supply remains the same, equilibrium price _______ and equilibrium quantity ________.

A. falls; falls B. rises; rises C. falls; rises D. rises; falls

Refer to the information provided in Figure 4.1 below to answer the question(s) that follow. Figure 4.1Refer to Figure 4.1. The United States will import 6 million apples per day if a per-apple tax of ________ is levied on imported apples.

A. 0 cents B. 10 cents C. 20 cents D. 30 cents