Refer to Figure 7-3. What is the value of domestic producer surplus without a quota?
A) $5 million B) $15.75 million C) $38.5 million D) $53.5 million
A
Economics
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If the inflation rate exceeds the nominal rate of interest:
a. the real interest rate is negative. b. All of the answers are correct. c. lenders lose. d. savers lose.
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Which of the following is an injection into the economy?
a) Investment b) Savings c) Taxation d) Import spending
Economics