In February 2009, Congress passed (and President Obama signed) a $787 billion fiscal stimulus bill in an attempt to improve the economy
Indicate whether the statement is true or false
True
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Policies focused on lowering interest rates to allow people to buy homes would be considered
A. demand-side policies. B. fiscal policies. C. supply-side policies. D. demand-side and supply-side policies.
The decision about what goods and services will be produced in a market economy is made by
A) lawmakers in the government voting on what will be produced. B) workers deciding to produce only what the boss says must be produced. C) producers deciding what society wants most. D) consumers and firms choosing which goods and services to buy or produce. E) consumers dictating to firms what they need most.
In Figure 33.1, at the market wage, the producer surplus is 
A. BWminEF. B. WminAE. C. BW*C. D. W*AC.
In a competitive industry where different firms have different cost structures, the industry supply curve is:
A) upward sloping. B) downward sloping. C) vertical. D) horizontal.