A negative balance of trade is when ___________.

Fill in the blank(s) with the appropriate word(s).

imports are greater than exports

Economics

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At the current price of a good, Al's consumer surplus equals 8, and Ben's consumer surplus equals 15. By using two-part pricing, a monopolist could increase his profit by

A) 8. B) 16. C) 15. D) 30.

Economics

The study of the aggregate economic variables is

A) macroeconomics. B) microeconomics. C) positive economics. D) normative economics.

Economics