An import restriction ________ the market price and ________ the total surplus of the market.

A. increases; decreases
B. increases; increases
C. decreases; increases
D. decreases; decreases


Answer: A

Economics

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A depreciation of the U.S. dollar in the foreign exchange market lowers U.S. Real GDP when the _____________ shift of the SRAS curve exceeds the __________ shift of the AD curve

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The time between when a policy is enacted and when it affects the economy is the ________ lag.

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