If a small country imposes a tariff on an imported good, domestic sellers will gain producer surplus, the government will gain tariff revenue, and domestic consumers will gain consumer surplus

Accounting profits are calculated based upon: a. explicit cash receipts and implicit costs

b. actual cash receipts and actual expenditures of cash. c. implicit cash receipts and actual expenditures of cash. d. opportunity costs plus explicit costs.

We can roughly estimate how long it will take a country to double its real GDP per capita using the:

A. rule of 70. B. rule of 60. C. growth estimator. D. GDP deflator.