Economists working for Uber, along with economists from the University of Oxford and the University of Chicago, estimated the consumer surplus attributed to Uber. For the entire United States, these economists estimated that the total consumer surplus

from Uber in 2015 was

A) almost $0.
B) $13.30 per customer.
C) $2.88 billion.
D) 6.76 billion.

Answer: D

Economics

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The relationship between two variables, x and y, is a vertical line. Thus x and y are

A) positively correlated. B) negatively correlated. C) not related. D) falsely related.

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If the fraction of the economy's nominal GDP held by the public in the form of money is 20 percent, income velocity in the economy is

A) 5. B) 80 percent. C) 0.20. D) 20.

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