When the price level in the United States falls relative to the price level of other countries, ________ will fall, ________ will rise, and ________ will rise

In the above figure, if the natural monopoly is regulated and a marginal cost pricing rule is followed, then the consumer surplus will be

A) $192 million. B) $108 million. C) $60 million. D) $48 million.

"The government should provide health care for all citizens." This statement is an illustration of:

a. positive economic analysis. b. correlation analysis. c. fallacy of association analysis. d. normative economic analysis.