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

question 41

Multiple Choice

Special interest group X receives a 1\150^th 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

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