Utilitarianism is inconsistent with _____
a. the social welfare function
b. cost-benefit analysis
c. the Pareto criteria
d. slavery
c
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The figure below shows the supply and demand curves for jeans in Smallville. 
At a price of $60 per pair, there will be an excess ________ of ________ pairs of jeans per day.
A. demand; 8 B. demand; 16 C. supply; 16 D. supply; 24
Which of the following can be called a "crowding-out" effect?
A. Government borrowing crowds out private saving. B. Exports crowd out government borrowing. C. Government borrowing crowds out private investment. D. Private consumption crowds out private investment.
Suppose the economy's production function is Y = AK0.3N0.7. If K = 2000, N = 100, and A = 1, then Y = 246. If K and N both rise by 20%, and A is unchanged, by how much does Y increase?
A. 5% B. 20% C. 10% D. 15%
Securities dealers that trade stocks and bonds ________ comprise the over-the-counter market
A) directly instead of electronically B) outside exchanges C) that have previously been sold D) valued at less than $1 each