Consumer surplus is the difference between the highest price someone is willing to pay for a product and the price he actually pays for the product

In the above figure, the economy is initially at point B. If the Fed increases the quantity of money, there is

A) a movement to point C. B) a movement to point A. C) a shift to AD2. D) a shift to AD1.

Suppose the population (age 16 and over) of Madagascar is 200 million; 9 million are unemployed, and 111 million hold jobs. Indicate the rate of unemployment and the employment/population ratio of Madagascar

a. The unemployment rate is 4.5 percent, and the employment/population ratio is 55.5 percent. b. The unemployment rate is 7.5 percent, and the employment/population ratio is 60 percent. c. The unemployment rate is 7.5 percent, and the employment/population ratio is 55.5 percent. d. The unemployment rate is 8.1 percent, and the employment/population ratio is 60 percent.