Use the following to answer questions:
Figure: Water Market 
-(Figure: Water Market) Refer to the figure: If a price floor in the diagram gets set at $8 a gallon, what is the deadweight loss?
Definitions:
Individual Retirement Account
A financial account that provides tax advantages for retirement savings in the United States.
Bankruptcy Exemptions
Specific assets or types of property that the bankruptcy law allows an debtor to keep from creditors when filing for bankruptcy.
Claims Of Creditors
The legal rights of creditors to collect what is owed to them by a debtor.
Breach Of Peace
An act that disturbs public order or tranquility, such as fighting or causing a disturbance.
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