Suppose the world price of cardboard is $60. Then, relative to the no-trade situation, international trade in cardboard produces which of the following results for Boxland?
a. It decreases consumer surplus, increases producer surplus, and decreases total surplus.
b. It decreases consumer surplus, increases producer surplus, and increases total surplus.
c. It decreases consumer surplus, decreases producer surplus, and decreases total surplus.
d. It increases consumer surplus, increases producer surplus, and increases total surplus.

Owning a word is a characteristic of a powerful a. productb. servicec. organization d. brand

Assume that the following conditions exist: a. all banks are fully loaned up- there are no excess reserves, and desired excess reserves are always zero. b. the money multiplier is 5 .     c. the planned investment schedule is such that at a 4 percent rate of interest, investment =$1450 billion. at 5 percent, investment is $1420 billion. d. the investment multiplier is 3 . e.. the initial equilibrium level of real gdp is $12 trillion. f. the equilibrium rate of interest is 4 percent now the fed engages in contractionary monetary policy. it sells $1 billion worth of bonds, which reduces the money supply, which in turn raises the market rate of interest by 1 percentage point. calculate the decrease in money supply after fed's sale of bonds: $nothing billion.

Later movers do not face: entrenched competitors. reduced uncertainty over technologies. high growth markets. lower market uncertainty.