The area between the market price and the demand curve provides a ...

[Collmarie]

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

[jxjsniuniu]

Answer to Question 1

a

Answer to Question 2

a

[Collmarie]

Excellent

[aliotak]

Thanks for the timely response, appreciate it