The above figure depicts the market for video games. If the government imposed a $3 per game tax on sellers, what would be tax revenue?
A) less than $18
B) $18
C) more than $18
D) More information is needed to determine if the tax revenue is more than, less than, or equal to $18.
A
Economics
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The Eurozone is an example of a:
A) common market. B) currency area. C) free-trade area. D) customs union.
Economics
If the exchange rate rises, the quantity of dollars demanded
A) increases and there is movement down along the demand curve for dollars. B) decreases and there is movement down along the demand curve for dollars. C) decreases and there is movement up along the demand curve for dollars. D) increases and there is movement up along the demand curve for dollars. E) does not change.
Economics