A variable is a factor that:
A) cannot be measured.
B) is not affected by changes in other factors.
C) is independent and cannot be determined.
D) takes different values at different points of time.
D
You might also like to view...
Use the following table to answer the next question. The table shows the total costs associated with varying levels of output produced by a perfectly competitive firm.OutputTotal Cost0$2,50012,70023,10033,70044,50056,000If the product sells for $1,200 a unit, the firm's profit-maximizing output is
A. 2. B. 3. C. 4. D. 5.
Table 36-2 ? Domestic ? ? ? GDP Expenditure ? Exports Imports Total Expenditures (Y) C+ I + G (X) (IM) C+ I + G + (X?IM) $2,500 $3,100 $650 $250 _____ 3,000 3,400 650 300 _____ 3,500 3,700 650 350 _____ 4,000 4,000 650 400 _____ 4,500 4,300 650 450 _____ 5,000 4,600 650 500 _____ 5,500 4,900 650 550 _____ In Table 36-2, what is equilibrium GDP?
A. $2,500 B. $3,500 C. $4,500 D. $5,500
The short-run equilibrium in the aggregate demand–aggregate supply model occurs at the point of intersection of the: a. short-run aggregate supply curve and the aggregate demand curve. b. long-run aggregate supply curve and the aggregate demand curve. c. marginal social cost curve and the aggregate demand curve
d. investment spending curve and the consumption curve.
Commercial banks' assets include ________
A. bank deposits of individuals and businesses and bank reserves B. loans to individuals and businesses and government securities C. bank reserves and the deposits in M2 D. government securities and borrowed funds