Graphically, the producer surplus for a given demand curve is the total area:
a. below the marginal social cost curve and above the market price.
b. above the supply curve and below the market price

The effect of the February 2008 tax rebate on spending was reduced due to ________

A) the simultaneous missteps in monetary policy B) the negative impact of the policy on saving rates C) the recognition that the rebate did not constitute a permanent change in income D) the small size of the program

In order to maximize profits, multinationals typically use transfer pricing by showing ________ profits in the high-tax country and by showing ________ profits in the low-tax country

A) high; low B) low; high C) economic; normal D) above-normal; accounting