Suppose Alice sells a good for $60 on eBay. If the producer surplus from the sale is $25, Alice's cost of the good must have been:

Using the one-period valuation model, assuming a year-end dividend of $1.00, an expected sales price of $100, and a required rate of return of 5%, the current price of the stock would be

A) $110.00. B) $101.00. C) $100.00. D) $96.19.

On the graph above, which pair of points best represents a scenario in which the nominal interest rate and expected inflation decline equally?

A) I to H B) G to K C) I to J D) K to F E) J to H