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Economics

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Lurline Lemke

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Cards in this guide (6)
What accurately describes a surplus

An example: Consumer demand for a certain car is below the number of cars that are produced. There is an unsold surplus of the vehicles.

Which of these can be used to protect consumers from unsafe products

A recall

Apexvs answers for us and global economics

online

The fed buys 5 billion worth of treasury bonds on the open market what effect does this have on the money supply

The Fed sells $5 billion worth of Treasury bonds on the open market.

What is the formula to get the MR in economics

Marginal Revenue (MR) = Change in Total Revenue / Change in Q

Increasing specialization within the global economy depends in what

International trade

Apx

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