In the market for Canadian dollars measured in US dollars, the supply of Canadian dollars is

Refer to the figure above. What is the market-wide consumer surplus when the market price of calculators is $3?

A) $600 B) $725 C) $1,000 D) $1,120

What is the relationship between fiscal multipliers and the "zero lower bound"?

A) Fiscal multipliers cannot fall below zero. B) When monetary policy has hit the zero lower bound, fiscal multipliers are likely to be larger than normal. C) At the zero lower bound, a fiscal contraction is actually expansionary. D) At the zero lower bound, fiscal policy works by shifting the aggregate supply curve, rather than shifting the aggregate demand curve.