____________ also known as cash cards are computerized banking transactions, they remove money directly from your account
a. Credit cards
b. Debit cards
c. Smart cards
d. Access cards
B
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Total surplus is defined as
A) consumer surplus + producer surplus. B) consumer surplus - producer surplus. C) another word for profit. D) another word for total revenue.
The trend followed by the annual federal budget deficits and surpluses as a percentage of GDP during the 1990s and 2000 . reveals: a. large deficits in the early 1990s
b. surpluses in the early 1990s. c. a balanced budget in the early 2000s. d. surpluses in the late 2000s.
In Perfect Competition in long run equilibrium:
a) The firm is productively efficient. b) The firm is allocatively inefficient. c) The firm is both productively efficient and allocatively efficient. d) The firm is productively inefficient.
Refer to the accompanying figure. For Chris, the opportunity cost of removing one bag of trash is planting:
A. 3 bulbs. B. 25 bulbs. C. 1/3 of a bulb. D. 1/25 of a bulb.