The economic system that is generally considered to be the most efficient at answering the What to produce and the How to produce questions is the:
a. market economy. b. command economy
c. soviet economy. d. traditional economy.
a
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Which of the following is not included in U.S. GDP?
a. The market value of an oil change that Ben performs on his own car. b. The market value of an oil change at Speedy Lube. c. The market value of oil purchased by Ben. d. Production of foreign citizens living in the United States that work in an oil packaging facility.
Refer to the information provided in Figure 13.9 below to answer the question(s) that follow. 
Figure 13.9 Refer to Figure 13.9. If Ohio Edison engages in rent-seeking behavior to maintain their monopoly, the true net social cost of monopoly is
A. FAC. B. BEC and the portion of area FGBE that pays for the rent-seeking behavior. C. AGB and the portion of area FGBE that pays for the rent-seeking behavior. D. FGBC.