Which of the following is not an expression for the sum of all the individual demand curves for a product?
a. total demand
b. market demand
c. equilibrium demand
d. aggregate demand
c
Economics
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Marco goes to the pet store to buy a dozen Koi fish for his new Koi pond. He is willing to pay $200 for the dozen fish, but buys them for a total of $140. Marco's consumer surplus from the purchase is
A) $5. B) $60. C) $140. D) $200.
Economics
The relationship between the rate of saving and per capita real GDP is
A) positive. B) negative. C) constant. D) not stable.
Economics