An export subsidy for a product will benefit:
A. Domestic consumers of the product
B. Foreign producers of the product
C. Foreign consumers of the product
D. The domestic taxpayers
C. Foreign consumers of the product
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Suppose your bank account pays a 4% interest rate. You are considering purchasing a share of stock in ABC Corporation for $500 . The stock will pay you a $10 dividend at the end of years 1, 2, and 3 . You expect to be able to sell the stock at the end of year 3 for $550 . Is ABC a good investment? Provide evidence to support your answer
Refer to the table above. If the market for notebooks is perfectly competitive, the equilibrium quantity is:
A) 2 units. B) 3 units. C) 4 units. D) 5 units.
Does not increase real GDP
What will be an ideal response?
In an economy characterized by persistent inflation, nominal GDP will usually be greater than real GDP.
Answer the following statement true (T) or false (F)