Juanita goes to the Hardware Emporium to buy a new circular saw. She is willing to pay $120 for a new saw, but buys one on sale for $85. Juanita's consumer surplus from the purchase is

Interest provides an incentive for households to defer current consumption

a. True b. False

Improvements in literacy stimulate economic growth by: a. reducing the barriers to the flow of information

b. improving the flow of resources to more productive uses. c. imparting skills, which raises labor productivity. d. doing all of the above.