New Keynesian explanations for sticky prices and wages include

A market achieves allocative efficiency when: a. total surplus is at its maximum

b. consumer surplus is at its minimum. c. demand is perfectly elastic. d. market concentration is maximized.

If a graph has a line that shows the amount of outsourcing in the last ten years, it is known as

A) a pie chart. B) a time-series graph. C) a demand curve for outsourcing. D) a supply curve of outsourcing.