The table above gives data for the nation of? Pearl, a small island in the South Pacific. If aggregate demand increases so that the quantity of real GDP demanded is? $6 billion more at each price? level, the new equilibrium real GDP is

Relative to an environment with free trade and no tariff, the winners from the tariff are the domestic ________, and the losers from the tariff are the domestic______. 

A. consumers of sugar and the government; producers of sugar B. producers of sugar; consumers of sugar and the government C. consumers of sugar; producers of sugar D. producers of sugar and the government; consumers of sugar

If government increased Social Security benefits and decreased the salaries of government workers by the same amount, which of the following is the expected immediate effect? a. An increase in the budget deficit and government purchases of goods and services

b. An increase in the budget deficit, but no change in government purchases of goods and services. c. An increase in the budget deficit and a decrease in government purchases of goods and services. d. No change in the budget deficit because there has been no change in government purchases of goods and services. e. No change in the budget deficit because government purchases of goods and services have decreased by the same amount as transfer payments have increased.

If a bond pays a fixed return of $500 a year and the current interest rate has risen from 5 percent to 10 percent, then the bond price must have:

a. risen from $25 to $50. b. fallen from $50 to $25. c. risen from $5,000 to $10,000. d. fallen from $10,000 to $5,000. e. risen from $1,000 to $5,000.

As far as contributions to a professional sports team's bottom line are concerned, players generally receive

a. about what they are worth. b. about half of what they are worth. c. about twice what they are worth. d. about ten times more than what they are worth.