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Author Question: The area between the market price and the demand curve provides a measure of: a. consumer surplus. ... (Read 93 times)

Collmarie

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on: Jun 30, 2018
The area between the market price and the demand curve provides a measure of:
 a. consumer surplus.
 b. producer surplus.
 c. consumer surplus plus producer surplus.
  d. marginal utility.

Question 2

Which of the following would cause the U.S. money supply to expand?
 a. a commercial bank using excess reserves to extend a loan to a customer
 b. a commercial bank purchasing U.S. securities from the Fed as an investment
  c. an increase in reserve requirements
 d. an increase in the discount rate


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jxjsniuniu

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Reply #1 on: Jun 30, 2018
Answer to Question 1

a

Answer to Question 2

a


Collmarie

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Reply 2 on: Jun 30, 2018
Gracias!

sultansheikh

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Reply 3 on: Yesterday
Excellent

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