All euro coins circulating in the different countries of the European Union have the same design

Refer to Figure 4-5. The figure above represents the market for pecans. Assume that this is a competitive market. If the price of pecans is $3

A) economic surplus is maximized. B) the quantity supplied is economically efficient but the quantity demanded is economically inefficient. C) not enough consumers want to buy pecans. D) the quantity supplied is less than the economically efficient quantity.

If government purchases exceed tax revenue, there is a budget deficit

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