This firm's most profitable output is at
A. 150.
B. 230.
C. 300.
D. 350.
B. 230.
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The above table gives data for the nation of Mouseville. There are no imports into or exports from Mouseville. If real GDP is equal to $400 billion then,
A) unplanned inventory is -$300 billion. B) aggregate expenditure is equal to consumption expenditure. C) unplanned inventory is -$200 billion. D) aggregate expenditure is $450 billion. E) unplanned inventory is $200 billion.
The factor of production called "land" can be defined as the:
A. earth and anything naturally occurring on or in it used to produce goods and services. B. area of the earth exchanged in the real estate market by businesses. C. fraction of total costs spent on rent, lease, or mortgage. D. earth and any structures on it that are used to produce goods and services.
A . What are foreign exchange reserves? b. What actions can a government take if it exhausts its foreign exchange reserves?
What is the formula for the present value of $1 one year from now? If the rate of interest is 5 percent, what is the present value of $10 to be paid one year from now?
What will be an ideal response?