A green pasture has turned barren due to overgrazing. This happened because the pasture was ________

Producer surplus is equal to the area

A) under the demand curve and above the supply curve. B) above the supply curve and below the price line. C) under the supply curve. D) under the demand curve and above the price line.

As the recession persisted into 2009, the unemployment rate in the United States rose to ________, the highest rate since the recession of 2001-2002 and the second highest since the Great Depression

A) 5.5 percent B) 9.3 percent C) 17.6 percent D) 25.1 percent