By the end of the 1960s, many countries felt that they were importing inflation from

The above figure shows the U.S. market for chocolate. With international trade, consumer surplus is equal to

A) area A + area B + area C + area D. B) area A. C) area B + area C + area D. D) area C + area D. E) area E.

A sustained decrease in an economy's price level is known as deflation

a. True b. False Indicate whether the statement is true or false