Factors that cause the short-run supply curve to change are factors that affect
A) demand.
B) fixed costs.
C) variable costs.
D) the market but not the individual firm.
Answer: C
Economics
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In the above figure, if the price is $2, then the total consumer surplus is
A) triangle abc. B) triangle cef. C) trapezoid adec. D) trapezoid bdfc.
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When the budget deficit is financed entirely through money creation, the real budget deficit is equal to which of the following?
A) ?H B) ?H - ?P C) (?H)/P D) (?H)/H E) P[(?H)/H]
Economics