Based on the data in the table above, what does GDP equal?

A) $8,900 billion
B) $10,200 billion
C) $9,800 billion
D) $10,400 billion
E) $10,000 billion


E

Economics

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Refer to Figure 15-8. Use the figure above to answer the following questions

a. Identify the curves labeled A and B. Identify the curve which contains both point Y and point Z. Identify the curve which contains both point V and point W. b. What is the profit-maximizing quantity and what price will the monopolist charge? c. What area represents total revenue at the profit-maximizing output level? d. What area represents total cost at the profit-maximizing output level? e. What area represents profit? f. What is the profit per unit (average profit) at the profit-maximizing output level? g. If this industry was organized as a perfectly competitive industry, what would be the profit-maximizing price and quantity? h. What area represents the deadweight loss as a result of a monopoly?

Economics

Everything else held constant, if a central bank makes an unsterilized ________ of foreign assets, then the domestic money supply will increase and the domestic currency will ________

A) purchase; appreciate B) purchase; depreciate C) sale; appreciate D) sale; depreciate

Economics

By taking the long position on a futures contract of $100,000 at a price of 96 you are agreeing to ________ a ________ face value security for ________

A) sell; $100,000; $96,000. B) sell; $96,000; $100,000. C) buy; $100,000; $96,000. D) buy; $96,000; $100,000.

Economics

How does a primary financial market differ from a secondary financial market?

What will be an ideal response?

Economics