Refer to the information provided in Figure 13.4 below to answer the question(s) that follow. 
Figure 13.4Refer to Figure 13.4. If this firm produces the profit-maximizing quantity and sells it at the profit-maximizing price, the firm's ________ will be $88.
A. loss
B. profit
C. total revenue
D. total cost
Answer: B
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Based on the figure above, if the firm produces 7 cans per day, the firm ________ maximizing its profit and is ________
A) is; incurring an economic loss B) is; making a normal profit C) is; making an economic profit D) is not; incurring an economic loss E) is not; making a normal profit
In 2011, the current account deficit was how much?
a. $273.5 billion b. $473.4 billion c. $675.3 billion d. $773 . 7 billion
When the Continental Congress issued currency to finance the Revolutionary War, the Continental Congress:
A. tied the value of the "continental" to gold. B. made "continentals" legal tender. C. issued too many "continentals," eventually making the currency worthless. D. tied the value of the "continental" to gold to French "assignats."
Explain why some economists claim that the persistence of high unemployment rates during the recovery from the recession of 2007–2009 is evidence of "hysteresis."
What will be an ideal response?