If S = 200, T = 700, G = 950, and NX = -200, this makes net domestic investment

A government payment to producers for the difference between a target price and the price at which producers were able to sell their goods is known as a: a. subsidy

b. deficiency payment. c. producer surplus. d. price support.

The production possibilities curve shows the different combinations of goods that can be produced with a set of given resources

Indicate whether the statement is true or false