An export good is a good produced
A) in the United States and sold in other countries.
B) in the United States and sold to foreigners living in the United States.
C) in another country and purchased by U.S. residents.
D) by foreigners in the United States and purchased by U.S. households.
E) in another country and purchased by foreigners not residing in the United States.
A
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In the above figure, if the natural monopoly is regulated with an average cost pricing rule and the firm does not inflate its costs, the deadweight loss to society is
A) zero. B) efc. C) ebc. D) gac.
The advantage to a corporation of issuing bonds instead of stock is that
A. Bond prices do not fluctuate. B. The possibility of default is lower when bonds are issued. C. The owners do not have to make interest payments on the loan. D. The owners keep control of the company.
A production function specifies the relation between ____________ and the ___________ to ____________________
A) technology; output; Real GDP B) technology; the factor inputs; Real GDP C) price; quantity; Real GDP D) Real GDP; the factor inputs; the price level