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
Answer: C
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The _________ measures overall progress in 174 countries, based on life expectancy, adult literacy rate, education level and GDP per capita
a. United Nations Well-Being Ratio b. Human Development Index (HDI) c. De Facto Index d. International Impact Survey
In the above table, if the market is perfectly competitive and unregulated, at the equilibrium output level
A) marginal private cost equals the marginal private benefit. B) marginal private cost is less than the marginal private benefit. C) marginal social cost equals the marginal private benefit. D) marginal social cost is greater than the marginal private benefit.
Nonrivalry and nonexcludability are the main characteristics of:
A. consumption goods. B. capital goods. C. private goods. D. public goods.
All issuers of publicly-traded securities must file an annual report on its financial condition with the SEC, called a __________ report
A) 1040A B) C311 C) 10K D) G-109