Figure 34-10
?

Figure 34-10 shows the effect on the market for disk drives of a(n)

A. quota.
B. tariff.
C. export subsidy.
D. import subsidy.
E. export tax.

Answer: A

Economics

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Physicians salaries increased substantially over the decade 1995-2005 from an average of $215,000 to $315,000 . What is the best explanation for this?

a. Physicians were smarter in 2005 than in 1995. b. The supply of physicians has increased. c. The supply of physicians has decreased. d. The demand for physicians has increased. e. The demand for physicians has decreased.

Economics

When the U.S. dollar appreciates against a foreign currency, U.S. goods become:

A. more expensive to people abroad, and we expect net exports to decrease. B. less expensive to people abroad, and we expect net exports to increase. C. more expensive to people abroad, and we expect net exports to increase. D. less expensive to people abroad, and we expect net exports to decrease.

Economics