At the state and local levels of the U.S. government, a majority of government employees work in which of the following areas?

When compared to a perfectly competitive industry, in a monopoly:

A) both consumer surplus and social surplus are larger. B) consumer surplus is lower but social surplus is larger. C) both consumer surplus and social surplus are smaller. D) consumer surplus is higher but social surplus is smaller.

Because there is a trade-off between total output and equality of income distribution,

a. greater equality of distribution will generally result in higher levels of output. b. greater output is generally associated with more equal distribution. c. policies designed to increase output will only succeed if distribution is more equal. d. policies intended to expand output must necessarily fail. e. policies designed to equalize distribution may adversely affect the size of output.