Refer to the data. The national income is:





Answer the question on the basis of the following national income data for the economy. All figures are in billions of dollars.



A.  $561.

B.  $573.

C.  $580.

D.  $530.


C.  $580.

Economics

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Economics

The commercial banks in Fundland have

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Economics

Which of the following describes actual trends in the U.S. labor force participation rate?

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Economics

If a monopoly is price discriminating between two groups, A and B, based on observable customer characteristics, there is a difference in the marginal cost of selling to the two groups, and the elasticity of demand for group A is -1.5 while the elasticity of demand for group B is -2.1, which of the following is true?

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Economics