The figure above gives your budget line for magazine and CDs per month. Given that your income equals $60 per month, what is your real income in terms of CDs?

The return-to-entrepreneurship curve is:

A) horizontal. B) vertical. C) downward sloping. D) upward sloping.

Refer to Figure 18-1. The excess burden of the tax is represented by the area

A) E + H. B) F + G. C) B + C + F + G. D) B + C.