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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 162 times)

ap345

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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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Answer to Question 1

B

Answer to Question 2

A





 

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