Refer to the Figure Below to Answer the Following Questions

question 85

Multiple Choice

Refer to the figure below to answer the following questions. Figure 7.1.2
The figure shows the market for helicopters in Canada,where D is the domestic demand curve and S is the domestic supply curve.The world price is $36 million per helicopter.
-In Figure 7.1.2,with international trade,________ helicopters per year are produced in Canada.

• A)360
• B)480
• C)720
• D)240
• E)600

---

Definitions:

Public

The general populace or the community at large, often used in the context of government, policy, or matters of state.

M1

A category of the money supply that includes all physical money, such as coins and currency, as well as demand deposits and other liquid assets held by the central bank.

M2

An indicator of the monetary base that encompasses cash, deposits in checking accounts, and readily convertible quasi-cash assets.

Money Supply

The collective amount of all financial means in an economy, considering cash, coins, and deposits in checking and savings accounts, at a specific moment.