If the United States starts to import a good that had previously been produced in the United States, the market price of the good in the United States
A) rises.
B) falls.
C) remains constant.
D) either remains constant or rises, depending on how whether the supply of the good stays the same or increases.
E) There is not enough information to answer the question because we need to know if the market price in the United States had been above or below the world market price before trade began.
B
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You turn to the bond market page of a newspaper and look under the column headed "Bonds" and see that it says, "Alpha 7 1/2 25" this information indicates that
A. the coupon rate on this bond is 7.5 percent. B. the year this bond matures is 2025. C. the current yield on this bond is 7.5 percent. D. the current yield on this bond has risen 0.25 percent since the previous trading day. E. a and b
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Indicate whether the statement is true or false
How do adverse selection and moral hazard affect the market for insurance?
What will be an ideal response?
Refer to the table below for a certain product's market in Econland. If the world price for this product were $6, then Econland would import:
A. 400 units and domestic producers would supply 1,400
B. 800 units and domestic producers would supply 1,400
C. 800 units and domestic producers would supply 2,200
D. 400 units and domestic producers would supply 2,200