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

question 13

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
• E) none of the above

---

Definitions:

Small Failures

Minor setbacks or mistakes that, while not catastrophic, can provide valuable learning experiences and opportunities for growth and improvement.

Market Segment

A subsection of a market comprised of individuals or organizations with similar characteristics, needs, or behaviors, often targeted with specific marketing strategies.

Uncertainty

The lack of clarity about future events that can cause entrepreneurs to take unreasonable actions.

Pivot

A change in business direction.