QUESTION 6 Use the table above to calculate net exports. O a. 1050. O b.950. O c. 100 O d. -100. 10 20 30 40 50 60 70 80 90 100 Quantity According to the graph shown, if the government imposes a price ceiling of $8.00 in this market, the result would be a QUESTION 8 Figure 3 -6 O a. shortage of 20. Price per Card O b. shortage of 40. c. surplus of 20. O d. surplus of 40. QUESTION 7 02 Billions of $ Quantity of Baseball Cards Consumption 4,900 Assuming that baseball and football cards are substitutes. What might explain the shift in demand curve for baseball cards from Dy to D, in Figure 3-6? Investment 1,300 Transfer Payments 1,050 O a. a decrease in the price of football cards Government Expenditures 1,200 b. an increase in income (assuming that baseball cards are a normal good) Exports 1,050 c. a decrease in the price of baseball cards Imports 950 O d. an increase in the population Net Foreign Factor Income 20 e. an increase in the price of baseball cards