The expected effects of an increased budget deficit are
a. higher real interest rates.
b. exchange rate depreciation.
c. lower inflation.
d. All of the above are correct.
a
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In the above figure, an unregulated natural monopolist will produce output level
A) Q1. B) Q2. C) Q3. D) Q4.
Table 11-2 QTRTC89590910293 10110100 11112105 12115110 ? In Table 11-2, marginal revenue at the profit-maximizing output is how much?
A. $5 B. $7 C. $8 D. $110
An optimal tax on pollution would result in which of the following?
a. Producers will choose not to produce any pollution. b. Producers will internalize the cost of the pollution. c. Producers will maximize production. d. The value to consumers at market equilibrium will exceed the social cost of production.
A firm with two plants, A and B, has the following estimated demand and marginal cost functions:Qd = 120 - 10PMCA = 4 + (1 / 5)QAMCB = 6 + (1 / 10)QBIn order to maximize profit, how many units of output should the firm produce?
A. 50 B. 15 C. 10 D. 45 E. 25