Which of the following illustrates consumer surplus?
a. Jon and Gabi find the perfect apartment, but it is $100 per month over budget.
b. When Amy shops for a new car, she finds dozens of options in her price range.
c. Beck finds an online deal for a plane ticket to Miami that is $100 under his budget.
d. Stores cannot stock enough round sunglasses after a celebrity promotes the style.
c. Beck finds an online deal for a plane ticket to Miami that is $100 under his budget.
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Given the following information, calculate personal consumption expenditures
GDP $5,000 Gross Private Domestic Investment $1,500 Government Consumption Expenditures and Gross Investment $1,000 Net Exports -$500
U.S. national defense spending is approximately ____ the amount spent on health care
a. twice b. four times c. ten times d. 1/4