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As part of the American Recovery and Reinvestment Act, $7 million was earmarked to build a bridge over a railroad crossing so that 168 Nebraska town residents wouldn’t have to wait for the trains to pass. Which of these BEST explains why this proposal was passed?

If the federal government spends 12% of GDP and collects revenues of 10% of GDP, what is the deficit as a percentage of GDP?

Which of these was the main cause of the 1974 famine in Bangladesh?

Political business cycles are due primarily to _____ voters.

Suppose South Africa can produce 6 phones or 3 computers with 1 unit of labor, and Australia can produce 7 phones or 2 computers with 1 unit of labor. If South Africa can trade only with Australia, then the theory of comparative advantage suggests that South Africa should:

Table: iPhone and Apple Watch Production 1 iPhone 1 Apple Watch Chinese labor units 3 3 German labor units 5 4 According to the table on iPhone and Apple Watch production, which statement is TRUE?

Figure A: Supply Right Shift Figure B: Supply Left Shift Which statement is TRUE?

Suppose your teacher finishes class 30 minutes early on the day before an exam. They indicate that you may leave, or you may stay on for an optional study period that will last for the remaining 30 minutes of the scheduled class time. You should:

Figure: Producer Surplus What is the producer surplus at a price of $2 per unit?

Figure: Market Changes If these figures represent the market for sourdough bread in a community, which figure shows the effect of new bakeries opening up in that community?