________: the area below the market demand curve and above the market supply curve
Fill in the blank(s) with correct word
Total economic surplus
Economics
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In the figure above, with international trade ________ helicopters per year are produced in the United States
A) 360 B) 480 C) 720 D) 240
Economics
In the simple Keynesian aggregate expenditure model, the equilibrium level of disposable income is achieved when:
a. the employment rate is equal to the labor force participation rate. b. saving equals investment c. aggregate expenditures exceed output. d. aggregate expenditures are equal to real disposable income.
Economics