An economy in which output has decreased and prices have decreased would suggest a:
A. decrease in short-run aggregate supply.
B. increase in aggregate demand.
C. increase in short-run aggregate supply.
D. decrease in aggregate demand.
Answer: D
Economics
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Country A imports 1,000 cars per month. After imposing a $50 per car tariff, imports fall to 800 cars per month. How much does Country A's government collect in tariff revenue?
A) $40,000 B) $90,000 C) $10,000 D) $60,000 E) $50,000
Economics
The weighted average of a firm's expected return on its stock and the interest rate that it pays for debt is known as the:
A) internal rate of return. B) opportunity cost of capital. C) risk-free rate of return. D) company cost of capital.
Economics