The difference between the value of a good to sellers and its price is known as:
a. consumer surplus.
b. producer surplus.
c. demand

A straight line production possibilities curve implies increasing opportunity costs

a. True b. False Indicate whether the statement is true or false

The use of financial leveraging on mortgage backed securities played a central role in the 2008 financial crisis

a. True b. False Indicate whether the statement is true or false