Figure 10-9 shows the demand and cost curves for a monopolist. Refer to Figure 10-9. What is the economically efficient output level?

The official settlements account records the

A) income used to settle international lawsuits. B) revenue collected from taxing exports. C) change in official U.S. reserves. D) revenue collected from taxing imports. E) change in the official U.S. exchange rate.

Macroeconomic stability has been a high priority for the economic policies of the HPAE

Indicate whether the statement is true or false

When the price of NBA tickets is $25 each, 30,000 tickets are sold. After the price rises to $30 each, 20,000 tickets are sold. At the original price, the demand for NBA ticket is:

A. elastic. B. perfectly elastic. C. inelastic. D. unit elastic.

Which of the following has NOT slowed productivity in the last 30 years?

A. The effects of 9/11 B. The rising cost of health care C. The influence of special interest groups D. The high cost of computers