Which of the following statements is a positive economic statement? a. The President's budget included an increase in unemployment insurance payments. b. The Congress should pass the president's tax package. c. Tax rebates always give too much favor to rich people. d. none of the above

Consumer surplus is: the difference between the price of a product and what consumers were willing to pay for the product. the difference between the discounted price of a product and its retail price. the difference between the price paid by consumers and the price required of producers. the difference between the price of a product and consumers' valuation of the last unit of the product purchased.

What are six resources for you decide which type of business to start and how to start it?

Suppose that the free states of eldricia, a small nation, has consumption, investment, government purchases, imports, and exports as follows. consumption $140 investment $50 government purchases $45 imports $30 exports $15 calculate the free states of eldricia's gdp