Charlene is willing to pay $5.00 for a sandwich. If Charlene must pay ________ for a sandwich, she ________
A) $4.00; does not receive consumer surplus
B) $4.00; receives consumer surplus
C) $6.00; receives consumer surplus
D) $6.00; receives a marginal cost
B
Economics
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The Social Security Trust Fund
A. is insolvent relying on payments from the general fund. B. is in surplus but the surplus is falling. C. generates dividends and investment income to fund Social Security payments. D. is managed by the Federal Reserve.
Economics
Nancy returns to school to study medicine. After graduating during an economic boom, she spends six months looking for a job. During this period, she is considered
A. Structurally unemployed. B. Seasonally unemployed. C. Frictionally unemployed. D. Cyclically unemployed.
Economics