Between 1995 and 2000 our trade deficit more than ________________.
Fill in the blank(s) with the appropriate word(s).
tripled
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Marginal cost is
A) all the costs of the fixed inputs. B) all the costs of production of goods. C) all the costs that vary with output. D) the change in the total cost resulting from a one-unit change in output.
Refer to Figure 9-3. Without the quota, the domestic price of peanuts equals the world price which is $2.00 per pound. What is the quantity of peanuts supplied by domestic producers in the absence of a quota?
A) 10 million pounds B) 28 million pounds C) 30 million pounds D) 40 million pounds
A copyright is a legal grant to the holder of exclusive rights for a(n) ________ period of time for a(n) ________.
A) specified; work of authorship B) unspecified; innovation C) specified; innovation D) unspecified; work of authorship
A decrease in the required reserve ratio will:
a. reduce commercial bank loans and reduce the money supply. b. increase commercial bank loans and reduce the money supply. c. increase commercial bank loans and increase the money supply. d. decrease commercial bank loans and increase the money supply.