Refer to the data provided in Table 9.1 below to answer the question(s) that follow.
Table 9.1
Refer to Table 9.1. If the market price is $17, then in the long run the firm will
A. operate and expand.
B. operate but not expand.
C. shut down, but not go out of business.
D. go out of business.
Answer: D
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Use the following information to answer the next question.SecurityAmount (in billions)Treasury bills$220Corporate bonds140Treasury notes80Corporate stock200U.S. savings bonds60Treasury bonds100Other things equal, an increase of corporate bonds from $140 billion to $150 billion in the economy would
A. not change the size of the public debt. B. increase the public debt from $600 billion to $610 billion. C. decrease the public debt by $20 billion. D. increase the public debt from $460 billion to $470 billion.
Currently, total private sector expenditures in the United States:
a. remained close to one third of GDP. b. fell by half to 50 percent of GDP. c. fell by half to 65 percent of GDP. d. remained close to 60 percent of GDP.
Historically, our rate of economic growth has been about _____% a year.
Fill in the blank(s) with the appropriate word(s).
Which economic perspective would be most closely associated with the view that discretionary monetary policy is an effective force for stabilizing the economy?
A. Monetarism B. Mainstream economics C. Rational expectations D. New classical economics