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Chapter 17
General Equilibrium and Market Efficiency
Robert H. Frank, Edward Cartwright
455 questions · 12 paragraphs
What's in the chapter?
17.1
A Simple Exchange Economy
98 questions
Practice
17.2
Only Relative Prices Are Determined
1 question
Practice
17.3
The Invisible Hand Theorem
16 questions
Practice
17.4
Efficiency in Production
20 questions
Practice
17.5
Efficiency in Product Mix
8 questions
Practice
17.6
Gains From International Trade
282 questions
Practice
17.7
Taxes in General Equilibrium
16 questions
Practice
17.8
Other Sources of Inefficiency
7 questions
Practice
17.9
Monopoly
7 questions
Practice
17.10
Externalities
0 questions
Practice
17.11
Taxes as a Solution to Externalities and Monopoly
0 questions
Practice
17.12
Public Goods
0 questions
Practice