In the figure above, if pizza production increases to 15,000 pizzas a day, the deadweight loss is
A) $45,000 per day.
B) $12,500 per day.
C) $22,500 per day.
D) $90,000 per day.
E) zero.
C
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A ten-year $1,000,000-face-value zero-coupon Treasury bond has a market price of __________ when the interest rate is 6.34%
A) $366,000 B) $936,600 C) $784,902 D) $540,796
Which of the following is not included in Nation A's financial account?
a. Nation A's purchases of shares in foreign countries. b. Foreign deposits of funds in savings accounts in Nation A. c. Foreign companies' repatriated profits on their operations in Nation A. d. Foreign purchases of Nation A's Treasury bills. e. None of the above.
When the U.S. real interest rate falls, purchasing U.S. assets becomes
a. less attractive and so U.S. net capital outflow rises. b. less attractive and so U.S. net capital outflow falls. c. more attractive and so U.S. net capital outflow rises. d. more attractive and so U.S. net capital outflow falls.
When a curve shifts, the underlying relationship between the two variables has changed.
Answer the following statement true (T) or false (F)