The increased willingness of employers to hire strikebreakers, and the increased willingness of workers to cross picket lines, help explain why unions have grown more reluctant to strike

When a U.S. investor buys a bond issued in a foreign country,

A) the balance on the current account decreases. B) the balance on the capital account decreases. C) the balance of trade decreases. D) the balance on the financial account decreases.

The existence of a deadweight loss associated with a monopoly can be seen because

A) consumers are willing to pay more for the last unit of output than it cost to produce. B) the cost of the last unit produced is more than consumers are willing to pay for it. C) the producer surplus is larger than in a competitive market. D) None of the above.