Refer to Figure 7-5. With insurance and a third-party payer system, what is the amount of the deadweight loss?

In the private placement market the term "due diligence" means

A) an investor finding an honest agent from whom to buy a bond. B) a borrower finding an honest agent to sell its bonds. C) conducting a credit analysis of the borrower. D) an agent tailoring terms of the placement to meet investor needs.

Suppose exports and imports both rise by $1. GDP

A) rises by $2. B) rises by $1. C) remains unchanged. D) falls by $1. E) falls by $2.