Refer to the figure above. How many chairs does Lithasia import when the government imposes a tariff of $1 per unit?
A) 10 units
B) 20 units
C) 30 units
D) 40 units
D
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Securitization refers to
A) changing the mix in a financial portfolio away from stocks and toward bonds. B) selling directly to investors loans or securities that were formerly held by financial intermediaries. C) banks insisting that collateral be supplied on previously unsecured loans. D) reducing the exposure of a bank's portfolio to interest rate risk.
Suppose the average value of in-kind transfers increases by $2,000 from 2013 to 2014 . The poverty rate
a. is more likely to understate the true level of poverty. b. is more likely to overstate the true level of poverty. c. will increase by $2,000 divided by the poverty level. d. Both b and c are correct.
A monopolist:
A. can never incur losses. B. earns a profit in the short run but not in the long run. C. earns a profit in the short run and the long run. D. can earn profits or incur losses in the short run.
If the MPP of a worker is 12 units per hour and the wage rate is $10 per hour, the unit labor cost is equal to $1.20 per unit of output.
Answer the following statement true (T) or false (F)