Observers of the economy often complain that indicators of economic activity are often contradictory. This is an example of the ________ lag
A) data
B) recognition
C) legislative
D) effectiveness
B
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A flexible exchange rate is an exchange rate whose value:
A. varies according to supply and demand for the currency in the foreign exchange market. B. reflects the comparative advantage of the home country versus other foreign countries. C. is established annually by the International Monetary Fund. D. is determined by the law of one price.
Use the following saving schedule to answer the next question. 
The break-even income would be level
A. 0. B. 1. C. 2. D. 3.
Consider a market in which there is an import tariff. Which of the following is TRUE?
A) The lost consumer surplus equals the gain in producer surplus plus the government revenue plus the deadweight loss. B) The lost consumer surplus equals the gain in producer surplus. C) The lost consumer surplus equals the gain in producer surplus plus the government revenue. D) The lost consumer surplus plus the deadweight loss equal the gain in producer surplus plus the government revenue.
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What will be an ideal response?