According to the graph shown, if the market is in equilibrium, consumer surplus is:
A. $30.
B. $20.
C. $50.
D. $60
A. $30.
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A company’s annual payment to stockholders is called the
A. dividend. B. kickback. C. plowback. D. retained earnings.
Which of the following is the strongest evidence of a shift toward a more expansionary fiscal policy?
a. an increase in government spending as a share of the economy and an expansion in the size of the budget deficit b. a reduction in government spending as a share of the economy and a shift of the budget toward a surplus c. an increase in government spending as a share of the economy and a shift of the budget toward a surplus d. a reduction in government spending as a share of the economy and an expansion in the size of the budget deficit
Choose one of the arguments countries generally use to justify protection for a particular industry. Describe the argument and any inherent problems with it. Is the argument primarily an economic or a noneconomic one?
What will be an ideal response?
The process of looking at the final outcome and then reasoning back to initial decisions is called
A. forward induction. B. simultaneous decision making. C. managerial decision making. D. backward induction.