Which is the largest component of aggregate expenditure?
A) consumption expenditures B) government expenditures
C) net export expenditures D) planned investment expenditures
A
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If this is a closed economy, how much will a bushel of corn cost? 
A. $5 B. $1 C. $7 D. $3
Tariffs ________ a deadweight loss and import quotas ________ a deadweight loss
A) create; create B) do not create; create C) create; do not create D) do not create; do not create
Rent controls and the minimum wage are both examples of price ceilings
Indicate whether the statement is true or false
"Because the price of a diamond is much greater than the price of a gallon of water, the consumer surplus from diamonds is greater than the consumer surplus from water." Is the previous analysis CORRECT? Explain your answer
What will be an ideal response?