A commercial bank like Comerica creates money by

Foreign aid:

A) flows from developing nations to developed nations. B) is limited to African countries. C) can lead to corrupt practices in countries ruled by dictators. D) is extremely effective in economies with extractive institutions.

Refer to the above figure. At a price of four cents, a(n) ________ of bubble gum will exist in the market

A) surplus B) shortage C) excess quantity demanded D) equilibrium quantity