Stocks and bonds issued in markets-oriented financial systems are rather __________ because they are traded __________

The best measure of the average standard of living is:

a. yearly population increase. b. real GDP per capita. c. consumer credit balances. d. the overall level of investment.

If the intended aim of the price floor set in the graph shown was a net increase in the well-being of producers, then normative analysis would conclude that:

A. the policy was ineffective, since surplus gained by producers through higher prices is greater than the surplus they lost through deadweight loss. B. there is no "right" conclusion to be reached in a normative sense, since people have different opinions concerning what constitutes a better outcome. C. the policy was effective, since surplus gained by producers through higher prices is greater than the surplus lost by consumers through higher prices. D. the policy was effective, since surplus gained by producers through higher prices is greater than the surplus they lost through deadweight loss.