Refer to Figure 7-1. The efficient equilibrium price is

A) $30. B) $25. C) $20. D) <$20.

B

Economics

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The federal budget

A) is required to balance by law. B) can have a surplus but not a deficit. C) can have a deficit but not a surplus. D) can have a deficit or a surplus but cannot be balanced. E) can have a deficit, a surplus, or a balance.

Economics

Explain what money income is and why it is less inclusive than "economic income"

What will be an ideal response?

Economics