Refer to the figure above. What is the producer surplus when the price is $70?
A) $800
B) $1,600
C) $2,000
D) $2,800
A
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Over the past two decades the U.S. balance on current accounts has
a. been in deficit b. generated surpluses c. been very erratic, swinging from deficits to surpluses to deficits d. essentially been in balance e. declined in importance compared to the balance on capital account
The difference between U.S. financial regulation between the 1930s-to-1980 period and the 1980-to-2010 period is:
a. The earlier period was characterized by relatively loose government regulations and the later one was characterized by stricter government regulations. b.The earlier period was characterized by heavy use of the originate-to-distribute" strategy. c. The earlier period was characterized by recurring, nation-wide speculative housing bubbles. d. The later period was characterized by heavy use of securitization. e. All of the above.
Refer to the accompanying figure. For Jeff, the consumption of movies reflects the law of:
A. total utility maximization. B. marginal utility maximization. C. demand. D. diminishing marginal utility.
A large open economy has desired national saving of Sd = 20 + 200rw, and desired national investment of Id = 30 - 200rw. The foreign economy has desired national saving of 
= 40 + 100rw, and desired national investment of 
= 75 - 400rw.(a)Calculate the equilibrium values of rw, CA, CAFor, S, I, SFor, and IFor.(b)Suppose Sd rises by 45, so that now Sd = 65 + 200rw. Calculate the equilibrium values of rw, CA, CAFor, S, I, SFor, and IFor.(c)Suppose, with Sd back to Sd = 20 + 200rw, as in part (a), that Id rises by 45, to Id = 75 - 200rw. Calculate the
equilibrium values of rw, CA, CAFor, S, I, SFor, and IFor. What will be an ideal response?