Consumer surplus is the difference between the most that consumers would pay and ________
a. the actual amount they do pay
b. the amount they want to pay
c. the actual amount it costs to produce
d. none of the above
a
Economics
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After the 2001 recession, the Fed changed interest rates to ______.
a. slow inflation b. discourage deflation c. slow growth d. discourage lending
Economics
Suppose the current level of output is 5000. A 10% increase in productivity would increase the current level of output to
A. 5050. B. 5500. C. 5100. D. 6000.
Economics