Refer to above Table 2-2. The chain-weighted real GDP for year 2 is
A) $14.53.
B) $14.49.
C) $14.44.
D) $16.61.
A
Economics
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If the economy is in a recession, which point in the graph shown would likely represent this?
A. E1 B. E2 C. E3 D. E4
Economics
The figure below shows the domestic demand (Dd) and domestic supply (Sd) curves of mopeds in a country before an import quota is imposed by the government. After the imposition of the quota, the maximum import quantity is QQ.
If the government auctions the quota licenses, how much will it collect as revenue?
A. $76.5 million B. $45 million C. $72 million D. $31.5 million
Economics