If the supply curve for orange juice is estimated to be Q = 40 + 2p, then, at a price of $2, the price elasticity of supply is

The private sector balance is equal to ________

A) income minus consumption minus net taxes B) income minus consumption minus investment C) saving minus investment D) income minus consumption

If society decides it wants more of one good and all resources are fully utilized, then

A) additional resource supplies will have to be found. B) it is unable to do this unless technology advances. C) it has to give up some of another good and incur some opportunity costs. D) more unemployment will occur.