________ is the difference between the willingness to pay and the price paid for a good
A) Producer surplus
B) Consumer surplus
C) Seller's profit
D) Revenue
B
Economics
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The actual division of the burden of a tax between buyers and sellers in a market is called
A) tax parity. B) tax incidence. C) tax bearer. D) tax liability.
Economics
All other things constant, when the interest rate increases: a. the demand for investment curve shifts to the right
b. the demand for investment curve shifts to the left. c. there is a movement downward along the demand for investment curve. d. there is a movement upward along the demand for investment curve. e. GDP increases.
Economics