Refer to the table above. If the market is perfectly competitive, the equilibrium quantity of calculators is:

The quantity of real money demanded is

A) negatively related to the price level. B) positively related to the price level. C) independent of the price level. D) proportional to the price level

As methods of economic organization, the market and the public sector are similar in which of the following ways?

a. Income and power are distributed equally in both sectors. b. In both sectors, economic activity is undertaken only when it satisfies the criterion for economic efficiency. c. In both sectors, economic exchange is completely voluntary. d. Someone must cover the cost associated with the provision of scarce goods in both sectors.