QUES 1. What was the symbolic significance of a successful terrorist attack on the World Trade Center? 2. Explain the economic significance of the changes in stock market prices illustrated by the graph above. 3. The short-term consequences of the attack appear significant. Do you exnect tho l

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A: Expenditure on the good refers to price of the good multiplied by the quantity purchased.

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A: Equilibrium is achieved where Qs=Ad Thus, Q*= 40 mn units P*=$40

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