Explain terrorist attacks foster instability and may affect

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Q. a government tax on luxury changes the equilibrium price and quantity of those goods.discuss the implication for consumer surplus,producer surplus and welfare.use relevent diagrams to support your answer.

Q2. Terrorist attacks foster instability and may affect productivity over the short and long term. Do you think the September 11, 2001, terrorist attacks on the World Trade Center and the Pentagon affected short and/or long-term productivity in the United States? Explain your response and show any movements in the PPF.

Reference no: EM1345021

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