A firm is producing the profit-maximizing amount of output when it is producing where its ________ curve intersects its ________ curve

People who were working in the formal sector and now work in the underground economy but report being unemployed will cause the unemployment rate to ________, and this action tends to ________ the unemployment rate

A) increase; overstate B) increase; understate C) decrease; overstate D) decrease; understate

The figure illustrates Sally's budget line and her preferences. Point ________ is Sally's best affordable point, and Sally prefers point ________ to point ________

A) A; B; A B) E; C; B C) B; A; B D) B; B; D