A perfectly competitive firm's supply curve is the portion of its ________ cost curve that lies above its ________ cost curve.
A. average total; marginal
B. marginal; average total
C. marginal; average variable
D. average variable; marginal
Answer: C
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Refer to the figure below.________ inflation will eventually move the economy pictured in the diagram from short-run equilibrium at point ________ to long-run equilibrium at point ________. 
A. Rising; A B. Falling; A; C C. Falling; B: C D. Rising; A; C
Each time the monopolist sells another unit of output, the total revenue increases by
a. the price of the last unit sold. b. more than the price of the last unit sold. c. less than the price of the last unit sold. d. the price of the first unit sold.
Special interests are _____ on political issues where they may receive concentrated benefits
a. stable b. cyclical c. rationally ignorant d. not rationally ignorant
Expenditures for services such as tourism, income for foreign investment, and foreign gifts are tabulated in the:
a. official reserve account. b. current account. c. capital account. d. goods account.