Rawls argued that agreement on certain rules from behind a "veil of ignorance" would make those rules optimal

A. panel (b) only. In panel (b), there will be

A. a shortage of wheat. B. a surplus of wheat. C. equilibrium in the market. D. lines of people waiting to buy wheat.

What is the difference between a nominal value and a real value?

A. A nominal value is measured in monetary units while a real value is measured in current dollars. B. A nominal value is measured in market rates while a real value is measured in terms of exchange rates. C. A nominal value is measured in units of constant purchasing power while a real value is measured in units of current purchasing power. D. A nominal value is measured in current market prices while a real value is measured in base year prices.