Refer to the information provided in Figure 15.4 below to answer the question(s) that follow. 
Figure 15.4 Refer to Figure 15.4. Assume The Hand Made Shirt Shop has fixed costs of $150 and is a monopolistically competitive firm. If this firm is producing the profit-maximizing level of output and selling it at the profit-maximizing price, the firm's profit is
A. -$250.
B. -$150.
C. -$100.
D. -$50.
Answer: C
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The demand deposit multiplier __________ as the required reserve ratio __________
A) increases; increases B) increases; decreases C) does not change; increases D) does not change; decreases
According to the graph shown, if this economy were to open to free trade, the domestic quantity demanded would be:
This graph demonstrates the domestic demand and supply for a good, as well as a tariff and the world price for that good.
A. 250.
B. 500.
C. 1150.
D. 1500
Figure 11-2
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Which graph in Figure 11-2 best reflects a Keynesian’s view of the impact of raising taxes on saving?
A. 1 B. 2 C. 3 D. 4
Which of the following does not contribute to an institutional structure that promotes economic growth?
A. A pro-business environment. B. Entrepreneurial incentives. C. Policy uncertainty. D. Well-defined property rights.