The marginal social benefit is the:

A. benefit gained by the last user.
B. sum of the marginal benefit gained by each individual user.
C. total benefit gained by the last user.
D. sum of the benefit gained by each individual user.

B. sum of the marginal benefit gained by each individual user.

Economics

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The amount by which federal tax revenues exceed federal government expenditures during a particular year is the:

A. Federal Reserve. B. budget deficit. C. budget surplus. D. public debt.

Economics

The aggregate demand curve is directly derived from the expenditures schedule.

Answer the following statement true (T) or false (F)

Economics