5. The decrease in consumer surplus and producer surplus that results from an inefficient level of production is called the (A)external cost. (B) external benefit. (C)deadweight loss. (D)big tradeoff.

15. Suppose that a bond promises to pay its holder $100 a year forever. If the price of the bond increases from $1,000 to $1,250, then the interest rate on the bond (A)falls from 10 percent to 8 percent. (B) rises from 8 percent to 10 percent. (C)does not change because it is not affected by the price of the bond. (D)falls from 10 percent to 6 percent.

5. The decrease in consumer surplus and producer surplus that results from an inefficient level of production is called the
(A)external cost.
(B) external benefit.
(C)deadweight loss.
(D)big tradeoff.

相關試題

相關試卷

5. The decrease in consumer surplus and producer surplus that results from an inefficient level of production is called the(A)external cost.(B) external benefit.(C)deadweight loss.(D)big tradeoff.

相關試題

相關試卷

5. The decrease in consumer surplus and producer surplus that results from an inefficient level of production is called the
(A)external cost.
(B) external benefit.
(C)deadweight loss.
(D)big tradeoff.