In this consumer surplus graph, the consumer gain due to additional pizzas that are bought at the new lower price but would not have been bought at the original price is represented by ______.
a. P1AB
b. P1BDP2
c. BCD
d. P1BCP2
c. BCD
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If prices rise in Japan, everything else constant, the dollar __________ against the yen and the yen __________ against the dollar
A) appreciates; appreciates B) appreciates; depreciates C) depreciates; appreciates D) depreciates; depreciates
The deadweight loss generated by a perfect-price-discriminating monopoly
A) equals the deadweight loss of a single-price monopoly. B) is greater than the deadweight loss of a single-price monopoly. C) equals zero. D) equals the sum of all lost consumer surplus.
A and B form a coalition and share the value of the payoffs it produces. Their coalition is individually rational if:
a. the core is blocked. b. individual payoffs exceed the respective values produced by A and B. c. payoffs to both are equal to their respective values. d. the core is empty.
Based on the figure below. Starting from long-run equilibrium at point C, a favorable inflation shock that decreases inflation from ? to ?1 will lead to a short-run equilibrium at point ________ creating _____gap. 
A. A; a recessionary B. B; recessionary C. B; expansionary D. A; an expansionary