Refer to Figure 18.1. With an import ban, what is the equilibrium price of gloves in Duckland?
A. $0
B. $8
C. $9
D. $12
Answer: D
Economics
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One reason why the "fast-casual" restaurant market is competitive is that
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When potential GDP increases, short-run aggregate supply also increases, but long-run aggregate supply does not change
Indicate whether the statement is true or false
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The peak in U.S. government spending as a percent of GDP occurred during
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