As shown in the figure above, the rent ceiling ________ consumer surplus and ________ producer surplus

The dollar volume of state-bank notes received by the First Bank of the United States was __________________ the dollar volume of its bank notes received by the state banks

a. greater than b. less than c. equal to

Suppose you are an advisor to the Business Cycle Dating Committee. You are asked to look at macroeconomic data to evaluate whether the economy has entered a recession this year. Which data do you look at? How does the economy behave at the onset of a

recession? What will be an ideal response?