In recent years, which of the following has comprised less than 5% of GDP?

A) imports
B) exports
C) net exports
D) none of the above

C

Economics

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Consider the market for credit. When the demand for credit increases while the supply of credit remains unchanged,

A) the interest rate will decrease and the amount of credit provided in the market will increase. B) the interest rate will increase and the amount of credit provided in the market will increase. C) the interest rate will decrease and the amount of credit provided in the market will decrease. D) the interest rate will increase and the amount of credit provided in the market will decrease.

Economics

Of the $3 per pizza tax illustrated in the above figure, the

A) consumers pay $2 of the $3 per pizza tax. B) sellers pay $1 of the $3 per pizza tax. C) government collects $120 thousand in revenue from the pizza tax. D) All of the above answers are correct.

Economics