Solved

Special Interest Group X Receives a 1/150th Slice of the Economic

Question 31

Multiple Choice

Special interest group X receives a 1/150th slice of the economic pie.Its net benefits from an economic growth policy are $7,000,which are the same as its net benefits from a transfer policy.What is the change in the size of the economic pie (Real GDP) that is required to bring about this result?


A) $1,050,000
B) $46.67
C) $150,000
D) $2,500,000
E) none of the above

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents