Refer to the accompanying figure. Total producer surplus in this market is:

Which of the following is the most liquid asset?

a. A classic art painting. b. A commercial building. c. A savings bond d. A checking account balance e. Gold

If people expect prices to fall in the future, today

a. the consumption curve shifts downward b. the consumption curve shifts upward c. the investment curve shifts downward d. there will be an upward movement along their consumption curves e. there will be a downward movement along their consumption curves