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Author Question: Refer to the figure above. If this were a voluntary restraint agreement, the welfare costs to the ... (Read 46 times)

michelleunicorn

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on: Jun 30, 2018
Refer to the figure above. If this were a voluntary restraint agreement, the welfare costs to the importing country would be
 
  A) 14,000.
  B) 18,000.
  C) 38,000.
  D) 60,000.

Question 2

In Zimbabwe, the government stopped the country's hyperinflation by
 
  A) reducing domestic monetary growth drastically.
  B) returning to a gold/silver currency standard.
  C) switching to foreign currencies. that are relatively stable.
  D) passing a law making price increases illegal.
  E) implementing a new currency based on diamonds.


vboyd24

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Reply #1 on: Jun 30, 2018
Answer to Question 1

B

Answer to Question 2

C


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