Refer to the figure above. If A forms a customs union with B, it will import
A) 400 units from B.
B) 200 units from C.
C) 200 units from each.
D) 400 units from B and 200 units from C.
A
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An investment pays $100 at the end of each of the three next years. No additional payments will ever be made. If the annual interest rate is 5 percent, the present value of the investment is approximately
A) $250. B) $272. C) $288. D) $300.
Use the saving and investment equation to explain why the United States experienced large current account deficits in the late 1990s
What will be an ideal response?
What are the functions of depository institutions?
What will be an ideal response?
Assuming no change in product demand, a pure monopolist:
A. can increase price and increase sales simultaneously because it dominates the market. B. adds an amount to total revenue that is equal to the price of incremental sales. C. should produce in the range where marginal revenue is negative. D. must lower price to increase sales.