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Suppose that you are willing to pay $10 for a good and the market price is $15. In this case:
A) you will not buy the good.
B) you will buy the good and receive a consumer surplus of -$5.
C) you will buy the good and receive a consumer surplus of $5.
D) you will buy the good and receive a consumer surplus of -$15.
Calculate velocity of money when price level is 10, national quantity of output is $200 billion and money supply is $250 billion.
Companies that reduce their margins on export products in the face of appreciation of their home currency may be motivated by a desire to
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