If a subsidy is granted to perfectly competitive firms that provide external benefits to society, the firm's marginal cost curve will shift ________ and the industry supply curve will shift to the ________.

A. down; left
B. up; right
C. up; left
D. down; right

Answer: D

Economics

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Exchange rate transactions that involve the immediate transfer of bank deposits are known as ________

A) backward transactions B) forward transactions C) spot transactions D) dog transactions

Economics

When the U.S. economy expands, foreign investment in and immigration to the U.S. usually contracts

Indicate whether the statement is true or false

Economics