In the market depicted in the above figure, if a single-price monopoly maximizes its profit, which area shows the deadweight loss?

The Federal Reserve's primary monetary policy-making body is the

A) Federal Open Market Committee. B) Council of Economic Advisors. C) Federal Advisory Council. D) Federal Deposit Insurance Corporation.

A legal restriction on the amount of a good that can be imported into a country is known as a

A) voluntary restraint agreement. B) tariff. C) quota. D) Domestic Protection Restraint (DPR).