The quantity of U.S. bonds foreigners want to buy is taken into account
a. in the U.S. supply of loanable funds and the supply of dollars in the market for foreign-currency exchange.
b. in the U.S. supply of loanable funds and the demand for dollars in the market for foreign-currency exchange.
c. in the U.S. demand for loanable funds and the supply of dollars in the market for foreign-currency exchange.
d. in the U.S. demand for loanable funds and the demand for dollars in the market for foreign-currency exchange.
c
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In some situations, private economic actors cannot solve the problem of externalities among themselves because of substantial _________ costs
Fill in the blank(s) with correct word
Cournot duopolists face a market demand curve given by P = 90 - Q where Q is total market demand. Each firm can produce output at a constant marginal cost of 30 per unit. The equilibrium price and quantity for the total market will be
A. Q = 30, P = 60. B. Q = 60, P = 30. C. Q = 45, P = 45. D. Q = 40, P = 50.
The law of decreasing returns states that as a firm uses more of a _____
A) fixed input, with a given quantity of variable inputs, the marginal product of the fixed input eventually decreases. B) variable input, total output will increase indefinitely. C) variable input, with a given quantity of fixed inputs, the marginal product of the variable input eventually decreases. D) variable input, output will begin to fall immediately. E) fixed input and a variable input, the marginal product of the fixed input and the marginal product of the variable input both decrease.
The economy pictured in the figure below has a(n) ________ gap with a short-run equilibrium combination of inflation and output indicated by point ________. 
A. recessionary; B B. recessionary; C C. recessionary; A D. expansionary; A