-If the Economy in the Diagram Above Is Open to Trade,the

question 21

Multiple Choice

-If the economy in the diagram above is open to trade,the world price of oil is $25 per barrel,and a $5 per-barrel tariff is levied per barrel of oil imported,then domestic production of oil equals ________ million barrels and domestic consumption of oil equals ________ million barrels.

• A) 6;11
• B) 11;11
• C) 11;16
• D) 16;6
• E) 6;16

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Definitions:

Computer Virus

Malicious software designed to replicate itself and spread from one computer to another, often disrupting computer operations, stealing information, or damaging data.

Purge Program

Typically refers to a systematic effort to eliminate or remove unwanted or unnecessary information, files, or items from a system or space.

Operational Program

A plan detailing the day-to-day activities and procedures a business or organization follows to achieve short-term objectives and run its operations effectively.

Disaster Recovery Planning

Is the strategic process of creating a structured approach with policies and procedures for responding to potential disasters or disruptions to a company’s operations.