Refer to the information provided in Figure 8.8 below to answer the question(s) that follow. 
Figure 8.8 Refer to Figure 8.8. This farmer's profit-maximizing level of output is ________ units of output.
A. 200
B. 700
C. 1,000
D. 1,400
Answer: C
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A lower real interest rate ________ saving and ________ consumption spending.
A. increases; increases B. does not change; does not change C. increases; decreases D. decreases; increases
When the expected inflation rate increases, the demand for bonds ________, the supply of bonds ________, and the interest rate ________, everything else held constant
A) increases; increases; rises B) decreases; decreases; falls C) increases; decreases; falls D) decreases; increases; rises
The above figure shows supply and demand curves for apartment units in a large city. If the city government passes a law that establishes $350 per month as the legal maximum rent, producer surplus decreases by
A) d. B) b + f. C) c + g. D) i.
Which of the following market structures is considered a differentiated products market?
a. Perfect competition b. Monopolistic competition c. Monopoly d. Both a and b are differentiated products markets.