If household saving decreases by $3 million, business saving increases by $1 million, and the government budget deficit increases by $2 million, then private saving ________ and public saving ________.

Consumer surplus

A) is the difference between what a consumer pays for a good and the producer's cost. B) is the extra money a consumer pays above the minimum necessary price for the producer to produce it. C) is the difference between what a consumer would willingly pay for a good and the price actually paid. D) equals zero in the long run.

Of the four major market structures, oligopoly is the worst at achieving economic efficiency

a. True b. False