(01.06 MC) Use the graph to answer the question that follows…

(01.06 MC) Use the graph to answer the question that follows.If the supply curve of automobiles in the market shifted from S1 due to an increase in the custom duty on imported car parts, then by what amount did the quantity of automobiles change from its original equilibrium level?

(03.02 MC) Assume that the government of a country decides t…

(03.02 MC) Assume that the government of a country decides to give out tax refunds of $4.5 million to small domestic firms that are struggling. If the marginal propensity to save in the country is 0.25, then what is the maximum impact this measure will have on the GDP of the country?