When box lunches are handed out at an elementary school, Jimmy (who loves chocolate and hates raisins) gets a raisin cookie and Johnny (who hates chocolate and loves raisins) gets a chocolate chip cookie. This is an example of inefficiency in

In an economy open to international trade where the interest rate at which saving and investment would be equal is ________ the world real interest rate ________

A) above; a trade surplus ensues B) below; a trade deficit ensues C) above; there is a net capital outflow D) below; there is a net capital inflow E) none of the above

Which of the following economies is an example of a mixed system?

a. The United Kingdom b. Sweden c. The United States d. All of the answers are correct.