The average level of effective protection has exceeded 300% for which of the following countries?

The above figure shows the market for winter jackets. In an effort to keep the nation warm, the president places a price ceiling of $100 in the market for winter jackets. Which of the following statements is true?

A) After taking account of the resources lost in search, consumer surplus increases when the price ceiling is in place. B) There will be a surplus of jackets. C) Because the price of a jacket is lowered, consumers end up buying more jackets with the price ceiling than without it. D) Producer surplus decreases if there is a price ceiling. E) The quantity supplied of jackets is greater that quantity demanded when there is a price ceiling.

The euro, a common currency for most of the nations of Western Europe, was introduced

A) before 1900. B) before 1990. C) before 2000. D) in order to snub the pride of the U.S. E) in order to fix currencies in terms of the U.S dollar.