The difference between opportunity cost of the sellers and the valuation of the buyers is known as:
a. social cost.
b. economic value.
c. deadweight loss.
d. consumer surplus.
B
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Use the following consumption schedule to answer the next question. 
The marginal propensity to consume is represented by
A. GE/AB. B. EF/BE. C. GF/BE. D. DE/AB.
The national debt
A) decreases with a budget deficit. B) increases with increases in government spending. C) increases with open market purchases by the Federal Reserve. D) increases with a budget deficit.
Refer to the accompanying figure. 
Based on the Keynesian cross diagram, at short-run equilibrium output,
A. firms will be producing more than they can sell. B. there is a recessionary gap. C. there is an expansionary gap. D. output equals potential output.
If a stock market is utilizing all of the available information on earnings projections, interest rates, risk, etc., economists refer to the market as
A. attentive. B. fully engaged. C. proper. D. efficient.