Refer to the table and information below. What is the total cost and total benefit of doing projects A, B, and C?
Assume that a government is considering a new social program and may choose to include in this program any number of four progressively larger projects. The marginal cost and the marginal benefits of each of the four projects are given in the table.
A. Total cost is $5 billion and total benefit is $7 billion
B. Total cost is $4 billion and total benefit is $7 billion
C. Total cost is $9 billion and total benefit is $12 billion
D. Total cost is $16 billion and total benefit is $20 billion
C. Total cost is $9 billion and total benefit is $12 billion
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Generally, expenses on a sport utility vehicle are a large part of a consumer's budget, so the demand for sport utility vehicles is more likely to be
A) elastic. B) inelastic. C) unit elastic. D) perfectly elastic.
Producers and consumers drive the economy of a
a. Communist economic system b. market economic system c. command economic system d. traditional economic system
Use the following graph to answer the next question. Q* = 100 Yen. 
Assume Japan and the United States are engaged in a system of flexible exchange rates. One U.S. dollar will purchase how many Japanese yen?
A. 80 B. 120 C. 140 D. 125
An increase in the money supply is likely to
A. lower interest rates. B. raise interest rates. C. decrease the quantity of money demanded.