Asenator renounces his past support for protectionism: “the u. s. trade deficit must be reduced, but import quotas only annoy our trading partners. if we subsidize u. s. exports instead, we can reduce the deficit by increasing our competitiveness.” show the effect of an export subsidy on the market for foreign exchange. demand supply real exchange rate quantity of dollars demand supply true or false: the u. s. real exchange rate appreciates as a result of this export subsidy. true false true or false: the export subsidy reduces the trade deficit. true false

Select all that apply. what do opponents of minimum wage believe are the results of minimum wage? increases personal income results in job shortages causes unemployment raises prices of goods

Given the following information about the closed economy of brittania, what is the level of investment spending and private savings, and what is the budget balance? assume there are no government transfers. gdp=$1180.00 million =$510.00 million =$380.00 million =$280.00 million

Magic realm, inc., has developed a new fantasy board game. the company sold 15,000 games last year at a selling price of $20 per game. fixed expenses associated with the game total $182,000 per year, and variable expenses are $6 per game. production of the game is entrusted to a printing contractor. variable expenses consist mostly of payments to this contractor.required: 1-a. prepare a contribution format income statement for the game last year.1-b. compute the degree of operating leverage.2. management is confident that the company can sell 58,880 games next year (an increase of 12,880 games, or 28%, over last year). given this assumption: a. what is the expected percentage increase in net operating income for next year? b. what is the expected amount of net operating income for next year? (do not prepare an income statement; use the degree of operating leverage to compute your answer.)