Refer to the figure below. 
In the figure, a business cycle trough is shown by which point(s)?
A. D only
B. B and D
C. A and C and E
D. A only
Answer: C
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Suppose a firm employs only capital and labor as inputs. Explain how the firm should allocate its inputs in order to maximize profits in a perfectly competitive market
What will be an ideal response?
According to the accompanying table, Julia has the absolute advantage in making: Time to Make a PieTime to Make a CakeMartha60 minutes80 minutesJulia50 minutes60 minutes
A. pies. B. cakes. C. both pies and cakes. D. neither pies nor cakes.
Based on the graph showing the type of health insurance and coverage status in the United States in 2016, the largest percentage of people are covered by ______ plans.
a. direct purchase
b. military health care
c. Medicare
d. employment-based
If you decide not to spend $1,000 you earned at your summer job but instead intend to buy shares in a mutual fund, in terms of aggregate economic accounting you would be:
A. saving. B. transferring. C. consuming. D. investing.