If regulations create barriers to entry in an industry, the result can be _____

Refer to Figure 9.5. If the government establishes a price floor of $2.50, consumer surplus will

A) fall by $50. B) fall by $150. C) remain the same. D) rise by $50. E) rise by $150.

The debt-ratio is the ratio of the debt to

A) government spending. B) saving. C) taxes. D) personal disposable income. E) GDP.