In the above figure, at the equilibrium price and quantity, consumer surplus is ________

Which of the following is accurate concerning the nature of international law?

a. It regulates all matters and relations between states. b. It addresses a narrow range of issues that arise between states. c. It has traditionally been regarded as harmful to elite superpowers. d. It is a set of rules and obligations that states recognize as binding on each other.

Suppose the Consumer Price Index is 143.6. What does that number mean?

A) On average, goods cost $143.60. B) On average, goods cost $243.60. C) Prices rose 143.6 percent over the reference base period, on average. D) Prices rose 43.6 percent over the reference base period, on average.