The graph shown demonstrates a tax on buyers. Once the tax has been imposed, the sellers produce ____ units and receive _____ for each one sold

How does a government budget surplus or deficit influence the loanable funds market?

What will be an ideal response?

Other things equal, a price floor will reduce consumer surplus, but it will increase producer surplus if the government buys up any surplus at the price floor

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