The Masstricht treaty set the budget ratio to GDP to be ________ in order for countries to qualify to join the Euro area

What is one reason it might be difficult to dissuade people from pirating music off the Internet?

A) Consumer surplus is very high when music is pirated. B) In general, consumers get a rush from "stealing." C) Consumers mistakenly believe that the Internet is public domain. D) Producer surplus is very low when music is pirated.

When quantity demanded is equal to quantity supplied, we are at ___________.

Fill in the blank(s) with the appropriate word(s).