Because it is small relative to the market, a perfectly competitive firm faces an inelastic demand curve for its output

Suppose sugar is exported from a nation. In the sugar market who does NOT benefit from the exports?

A) domestic consumers B) domestic producers C) workers in the industry D) foreign consumers

A budget deficit will be least inflationary if the aggregate

a. demand curve is very steep. b. demand curve is very flat. c. supply curve is very flat. d. supply curve is very steep.