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Author Question: Refer to Figure 7-2. The increase in domestic producer surplus as a result of the tariff is equal to ... (Read 88 times)

MirandaLo

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on: Jun 29, 2018
Refer to Figure 7-2. The increase in domestic producer surplus as a result of the tariff is equal to
 
  A) 11.25 million. B) 18 million. C) 32.5 million. D) 45 million.

Question 2

An increase in imports increases aggregate demand.
 
  Indicate whether the statement is true or false


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livaneabi

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

A

Answer to Question 2

FALSE


MirandaLo

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Reply 2 on: Jun 29, 2018
Great answer, keep it coming :)

tanna.moeller

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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