The cyclical deficit is $400 billion, potential output is $9 trillion and the tax rate is 16 percent. With this information, we can infer that the actual output of this economy is:

Refer to Figure 15-12. If the firm maximizes its profits, the deadweight loss to society due to this monopoly is equal to the area

A) EFG. B) ACE. C) ABEG. D) ABF.

A share of common stock is a claim on a corporation's

A) debt. B) liabilities. C) expenses. D) earnings and assets.