Refer to the information provided in Figure 7.10 below to answer the question(s) that follow. 
Figure 7.10Refer to Figure 7.10. The slope of the isocost line is
A. -2.
B. -1/2.
C. 1/2.
D. 2.
Answer: B
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The above table gives real GDP and the aggregate expenditure schedule. When real GDP is $10 billion, the amount of unplanned investment is
A) $0.5 billion. B) -$20.5 billion. C) -$0.5 billion. D) $20.5 billion. E) unknown.
The rules and principles of economics that serve as a guide for action are known as
a. economic policy. b. economic theory. c. macroeconomics. d. microeconomics.
Describe the relationship between the production function, the investment function, and the capital-labor ratio
What will be an ideal response?
In the monetary small open-economy model with a flexible exchange rate, an increase in the foreign price level has which impact on domestic money demand?
A) It increases it. B) It decreases it. C) It has no impact. D) It depends.