Refer to Figure 4-11. What is the value of consumer surplus after the imposition of the price floor?

The discretionary change of government expenditures or taxes to achieve national economic goals is

A) a direct expenditure upset. B) fiscal policy. C) Ricardian-equivalence theorem. D) supply-side economics.

In comparing China to Canada, China's relatively ________ growth rate in GDP would make you more likely to take a job in China, and China's relatively ________ level of GDP would make you less likely to take a job in China

A) low; low B) high; low C) high; high D) low; high