Juanita goes to the Hardware Emporium to buy a new circular saw. She is willing to pay $120 for a new saw, but buys one on sale for $85. Juanita's consumer surplus from the purchase is

A likely consequence of debt default is: a. a decrease in the federal cost of borrowing

b. an increase in unemployment due to growing uncertainty. c. a sudden decline in the market interest rates. d. an increase in the credit flows in an economy. e. a sudden increase in the investment flows in the economy.

The higher the riskiness associated with a particular job, the more the pay offered to a worker

a. True b. False Indicate whether the statement is true or false