The difference between the maximum price a consumer is willing to pay for a product and the actual price the consumer pays is:

If the monthly unemployment rate increase mentioned in the Application was a temporary aberration, the best economic decision by the committee would be to

A) not change monetary policy. B) increase the money supply to stimulate the economy. C) decrease the money supply to stimulate the economy. D) decrease the money supply to slow the economy down.

Which of the following is considered a depository institution?

I. the U.S. Treasury II. a commercial bank like Citibank III. a credit union for federal government employees A) I only B) I and II C) II and III D) I, II and III