If GDP is less than GNP, we know with certainty that
A) a budget deficit exists.
B) a trade surplus exists.
C) a trade deficit exists.
D) none of the above
D
Economics
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Fill in the blank(s) with the appropriate word(s).
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When inflation is less than anticipated, inflation...
What will be an ideal response?
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Refer to the above table. What are total variable costs at an output of 2 units?
A. $100 B. $200 C. $150 D. $50
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