Full pass-through means that a 10°/o rise in the overseas price of an imported good leads to:

a. a 100% rise in the domestic price.
b. a greater-than 10% rise in the domestic price.
c. a 10% rise in the domestic price.
d. a less-than 10% rise in the domestic price.


Ans: c. a 10% rise in the domestic price.

Economics

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Refer to the accompanying table. According to the table, Pat has the absolute advantage in: Pizzas Made Per HourPizzas Delivered Per HourCorey126Pat1015 

A. making pizza. B. delivering pizza. C. neither making nor delivering pizza. D. making and delivering pizza.

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Total U.S. consumption possibilities will increase if the United States:

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