If the Fed wants to stimulate aggregate demand it should _____ bonds to _____ the money supply.

The term "price supports" refers to a

a. shortage. b. surplus. c. price ceiling. d. price floor.

Total consumer surplus in a market is measured as the

A) area bounded above the market clearing price and beneath the market demand curve. B) area bounded below the market clearing price and above the market supply curve. C) vertical distance from the horizontal (quantity) axis to the market clearing price. D) horizontal distance from the vertical (price) axis to the equilibrium quantity.