In 2000, about what percentage of federal expenditures were off budget?

In the above figure, if the government imposed a minimum wage of $8 per hour in this labor market, the increase in the hourly wage for those who are able to keep their jobs is

A) $2 per hour. B) $4 per hour. C) $6 per hour. D) $8 per hour.

Accounting profit equals total revenue minus

A. economic profits. B. economic costs. C. explicit costs. D. implicit costs.