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