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Author Question: Refer to Figure 7-2. If the tariff was replaced by a quota which limited coffee imports to 20 ... (Read 158 times)

Sufayan.ah

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on: Jun 29, 2018
Refer to Figure 7-2. If the tariff was replaced by a quota which limited coffee imports to 20 million pounds, the amount of revenue received by coffee importers would equal
 
  A) 5 million. B) 15 million. C) 50 million. D) 78 million.

Question 2

An increase in exports decreases aggregate demand.
 
  Indicate whether the statement is true or false


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batool

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Reply #1 on: Jun 29, 2018
Answer to Question 1

C

Answer to Question 2

FALSE


Sufayan.ah

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Reply #2 on: Jun 29, 2018
Correct answers!


batool

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Reply #3 on: Jun 29, 2018
Great! Please up vote :D


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