When you deposit funds in a bank and then the bank lends these funds to a borrower, the bank is engaged in

A drought in the Midwest will raise the price of wheat because of a

A) leftward shift in the supply curve. B) rightward shift in the supply curve. C) leftward shift in the demand curve. D) rightward shift in the demand curve.

Tina Makumbi imports sesame oil from Ethiopia and sells to a market that has a downward sloping demand curve.The demand curve indicates that some consumers are willing to pay $1.50 or more per pound for the first few pounds, but every consumer gets to buy at the market clearing price of $0.50 per pound. The difference between the most that consumers would pay and the actual amount they do pay is

called a. exporter surplus b. trade balance c. producer surplus d. consumer equilibrium e. consumer surplus