What is the world price of sugar without the tariff?
A. $2,000/ton
B. $1,500/ton
C. $1,000/ton
D. $500/ton
Answer: C
Economics
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The market supply curve of capital is
a. upward sloping b. perfectly inelastic c. upward sloping at first but then bends backward d. downward sloping e. perfectly elastic
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A recent estimate of the fiscal burden on state and local government for low-skilled immigrant households is nearly:
A. $10 billion annually B. $30 billion annually C. $50 billion annually D. $100 billion annually
Economics