The current account includes records of a country's

Systematic efforts to extend vaccination throughout the world have produced a situation today in which the smallpox virus is

A) in short supply (a shortage exists). B) rare. C) scarce. D) all of the above.

At the current quantity of table saws, the marginal social cost is more than the marginal social benefit. Then

A) production of table saws should be decreased to reach the efficient level. B) production of table saws should be increased to reach the efficient level. C) production of table saws is currently at the efficient level. D) producer surplus will be larger than consumer surplus.