This graph demonstrates the domestic demand and supply for a good, as well as a tariff and the world price for that good.According to the graph shown, if this economy were to open to free trade, the domestic quantity demanded would be:

A. 1500.
B. 250.
C. 500.
D. 1150.

Answer: A

Economics

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In the Keynesian framework, as long as output is below the equilibrium level, unplanned inventory investment will remain ________ and firms will continue to ________ production

A) negative; lower B) negative; raise C) positive; lower D) positive; raise

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Back-loading of employees' wages helps a company because:

a. they act as incentives for employees to work hard throughout their tenure with the company. b. they completely eliminate all sorts of opportunistic behavior on the part of the employee throughout his/her tenure with the company. c. they reduce the actual cost burden of the employee on the company. d. they prevent opportunistic behavior on the employer's part.

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