The Lorenz curve shows

In a two-period model with production, an increase in the world real interest rate

A) increases domestic output and increases the current account surplus. B) increases domestic output and decreases the current account surplus. C) decreases domestic output and increases the current account surplus. D) decreases domestic output and decreases the current account surplus.

Government controls of price, output, entry of new firms, and quality of service in industries where monopoly appears desirable are known as

a. antitrust regulation b. economic regulation c. social regulation d. antimerger regulation e. consumer advocacy regulation