If intended investment is $500 billion, and actual investment is $620 billion, then we know that

a. consumption is $620 billion
b. unwanted inventory is $620 billion
c. consumption is $120 billion
d. unwanted inventory is $120 billion
e. saving is $500 billion


D

Economics

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Use the following graph to answer the next question. If the industry were perfectly competitive, then the market price would be ________.

A. $20, which is lower than what the price would have been if the industry were a pure monopoly B. $25, which is lower than what the price would have been if the industry were a pure monopoly C. $25, which is higher than what the price would have been if the industry were a pure monopoly D. $20, which is higher than what the price would have been if the industry were a pure monopoly

Economics

A nation's current account balance is equal to its exports less its imports of:

A. Goods and services B. Goods and services, minus U.S. purchases of assets abroad C. Goods and services, plus net investment income and net transfers D. Goods and services, plus foreign purchases of assets in the United States

Economics

Always there wireless is wireless monopolist in a rural area. There are 200 customers, each of whom has a monthly demand curve for wireless minutes of Qd = 200 - 100P, where P is the per-minute price in dollars and Q is the number of wireless minutes. The marginal cost of providing the wireless service is $0.25 per minute. If Always There charges $0.50 per minute, how large of a fixed monthly fee can it charge and still persuade customers to buy their service?

A. $200 B. $150 C. $225 D. $112.50

Economics

The shifting of resources from inefficient to efficient companies as trade barriers fall produces static effects.

a. true b. false

Economics