Suppose a tax on sellers has been imposed in the graph shown. What is the total tax paid per unit of the good?
A. $16
B. $6
C. $10
D. $15
C. $10
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An example of an activity that generates an external cost is
A) dumping soapsuds into a trout stream. B) national defense services. C) planting flowers along an interstate highway. D) eating an apple.
Changes in reserve requirements directly and immediately affect
A) the monetary base. B) banks' holdings of securities. C) the Fed's holdings of foreign exchange. D) the money multiplier.
"The unemployment rate in the city of Gotham for the year 2014 is 5%.". Do you think the unemployment statistic for the city of Gotham is accurate? Explain your answer with proper reasons
The questions below are based on the table below. Fill in the blank spaces first. 
If the product market is perfect and the labor market is imperfect, what will be the wage rate paid to the laborer?
What will be an ideal response?