Refer to the information provided in Figure 16.1 below to answer the question(s) that follow.  Figure 16.1 Refer to Figure 16.1. ________, 60 bags of fertilizer will be produced.

A. With government intervention
B. Absent government intervention
C. With a price ceiling
D. To avoid shutting down

Answer: B

Economics

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Laissez-faire is a French expression which literally means

a. to make do. b. to get involved. c. whatever works. d. allow them to do.

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A rise in the price level prompts an increase in the demand for credit. This is relevant to the __________ effect

A) international trade B) real balance C) aggregate demand D) interest rate E) b and c

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