An unexpected import restriction imposed on mangoes by the USDA
A. will increase the price of mangoes in the United States.
B. will reduce the price of mangoes in the United States.
C. will reduce the price of mango juice in the United States.
D. will discourage American producers of mangoes.
Answer: A
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Describe how actual reserves are calculated. Explain the difference between required reserves and excess reserves. How do reserves affect the amount of loans a bank can make?
What will be an ideal response?
The above figure shows the marginal social benefit, marginal private cost and marginal social cost of producing steel. If the market is competitive, what government policy might move the market closer to efficiency?
A) The government could subsidize the production of steel. B) The government could tax the production of steel. C) The government could issue vouchers to steel consumers. D) None of the above answers is correct.
Which of the following statements is true?
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Physical capital refers to stocks and bonds
Indicate whether the statement is true or false