Currently, the U.S. national debt is more than $20 trillion
a. True
b. False
Indicate whether the statement is true or false
False
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The aggregate supply curve is found by summing up the supply curves for all the different products in the economy
a. True b. False
For government to correct for the failure of market outcome, it must do all of the following except:
A. act only if the marginal costs exceed the marginal benefits. B. have the ability to do something positive about the problem. C. recognize the problem. D. have the will to do something positive about the problem.
The cross price elasticity between A and B is 1.2. We can conclude that
A) goods A and B are substitutes. B) goods A and B are complements. C) goods A and B are unrelated. D) goods A and B are perfect substitutes.
Refer to the information provided in Figure 9.1 below to answer the question(s) that follow. 
Figure 9.1Refer to Figure 9.1. If this farmer is maximizing profits, his total costs will be
A. $11. B. $66. C. $90. D. $132.