Felix deposited $500 into an account two years ago. The first year he earned 3 percent interest and the second year he earned 5 percent interest. How much money does Felix have in his account now?

In the above table, dissaving occurs at every level of income below

A) $5,000. B) $7,000. C) $10,000. D) $8,000.

All possible gains from specialization and exchange would be fully exploited only under which market structure?

A) Pure monopoly B) Perfect competition C) Oligopoly D) Structures allowing for price-searching activity E) Structures where entry is restricted