The real wealth effect is one reason for the negative slope of the aggregate demand curve

a. True
b. False
Indicate whether the statement is true or false

True

Economics

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Of the following, who gains because of tariffs and why?

A) domestic producers of protected goods because they can sell at a higher price B) domestic buyers because they can be sure of buying high-quality products C) foreign producers because they earn more total revenue D) foreign government because they gain more revenue E) domestic buyers because they pay a lower price

Economics

If 900 million shares of stock are traded on the New York Stock Exchange today at an average price of $100, then the total amount of money raised today by the corporations whose stock traded on this exchange would be $90 billion

a. True b. False

Economics