According to the graph shown, if the government decides to restrict trade, a deadweight loss is created equal to area(s):
This graph demonstrates the domestic demand and supply for a good, as well as a quota and the world price
for that good.
A. F and H.
B. DFGH.
C. FGH.
D. G.
A. F and H.
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Actions based on the more general Pareto criteria are preferable to actions based on application of interpersonal utility calculations
a. True b. False
Structural unemployment is a result of
a. difficulties in matching qualified workers with available jobs. b. inaccurate or costly information about job opportunities. c. slow or negative economic growth, as during a recession. d. not enough workers to fill available jobs.
To a bank, checkable deposits are classified as a liability
Indicate whether the statement is true or false
Bank holding companies are examined by the __________________
Fill in the blank(s) with the appropriate word(s).