If the supply curve slopes upward and a $3 per unit tax on suppliers raises the profit-maximizing price by $3, demand must be perfectly inelastic

In the above table, the merchandise trade balance for Country X is ________ billion dollars

A) +100 B) -150 C) +150 D) -100

The U.S. work week has declined from 60 hours in 1890 to fewer than 40 hours today. The impact of the decline in working hours

A) increases U.S. GDP and increases the well-being of a typical working person in the U.S. B) increases U.S. GDP and decreases the well-being of a typical working person in the U.S. C) decreases U.S. GDP and increases the well-being of a typical working person in the U.S. D) decreases U.S. GDP and decreases the well-being of a typical working person in the U.S.