Assume that Sharon purchases $5,000 worth of a stock. To do so she uses $1,000 of her own money and borrows the remaining $4,000 at a 7.0% interest rate. If the stock's value decreases by 10% in one year and she has to sell the stock at that time, what is her rate of return?

Which of the following is the term that defines the relationship between price and quantity supplied?

a. negative b. law of demand c. ceteris paribus d. equilibrium e. willingness to pay f. willingness to accept g. marginal benefit h. None of the above.

The figure above shows that as a result of the tariff, consumer surplus in the United States

A) decreases by $105 million per year. B) increases by $55 million per year. C) decreases by $30 million per year. D) decreases by $20 million per year. E) remains unchanged.