When we talk about total saving, we add together personal saving, _______ saving, _______ saving and _______ saving.
Fill in the blank(s) with the appropriate word(s).
business; government; foreign
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Industry profits are maximized in the figure below (QM1 = QM2):
A. at the point where r1 = r2. B. only at point QM1. C. only at point QM2. D. on the line segment joining points QM1 and QM2.
What are the simplifications used in this chapter to derive the aggregate expenditures model?
What will be an ideal response?
Use the following graph to answer the next question.
Assume the economy is initially located on AD0 and AS0. An increase in the exchange rate and a decrease in worker productivity would result in price ________ and real domestic output ________.
A. E; B B. F; A C. G; B D. F; C
A) A recent news report stated that the unemployment rate in the country Lithasia had increased from 10.2% to 18.2% from 2003 to 2013 and that the government has adopted strict fiscal measures to expand employment
Would this report be considered microeconomic or macroeconomic analysis? b) Students in a class are discussing how a monopolist should determine his profit-maximizing output. Would this discussion be considered microeconomic or macroeconomic analysis?