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Author Question: Refer to the figure above. The quota generates deadweight costs of A) 10,000. B) 12,000. C) ... (Read 168 times)

ap345

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on: Jun 30, 2018
Refer to the figure above. The quota generates deadweight costs of
 
  A) 10,000.
  B) 12,000.
  C) 30,000.
  D) 50,000.

Question 2

After a permanent increase in the money supply
 
  A) the exchange rate overshoots in the short run.
  B) the exchange rate overshoots in the long run.
  C) the exchange rate smoothly depreciates in the short run.
  D) the exchange rate smoothly appreciates in the short run.
  E) the exchange rate remains the same.


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ladyjames123

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

B

Answer to Question 2

A


ap345

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Reply #2 on: Jun 30, 2018
Thank you


ladyjames123

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Reply #3 on: Jun 30, 2018
No problemo


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