Consumer surplus equals the quantity supplied minus the quantity demanded

a. True
b. False
Indicate whether the statement is true or false


False

Economics

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According to classical theory, if the aggregate demand curve decreased and the economy experienced unemployment, then:

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Economics

Refer to the above figure. A price control has been set which has led to a surplus. This means that a

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Economics

Which of the following is FALSE?

A) Current account deficits must be financed through inflows of capital. B) Loans from abroad add to a country's stock of external debt and generate debt service. C) Borrowed funds are always used in a manner that contributes to the expansion of the country's productive capability. D) Debt service can become an unsustainable burden that holds back development.

Economics