Refer to Figure 4-1. If the market price is $2.00, what is the consumer surplus on the first burrito?
A) $0.50 B) $1.00 C) $2.00 D) $7.50
A
Economics
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Fiscal policy affects the economy
A. only in the short run. B. only in the long run. C. in both the short and long run. D. in neither the short nor the long run.
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Which of the following would not be considered a cause of poverty?
a. lack of proficiency in English b. a college education c. bad luck d. gender discrimination
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