The above table gives real GDP and the aggregate expenditure schedule. Equilibrium real GDP is
A) $11 billion. B) $12 billion. C) $10 billion. D) $14 billion. E) $13 billion.
B
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Refer to the above figure. Which panels represent long run equilibrium for the perfectly competitive firm and monopolistic competitive firm, respectively?
A) Panel C and Panel A B) Panel C and Panel B C) Panel B and Panel C D) Panel C and Panel D
Monopolistic competition is characterized by:
A. large markets. B. heterogeneous products. C. no free entry. D. employing labor from a perfectly competitive labor market.
Explain the relationship displayed on the graph based on a risk level of X. Use the other capital letters on the graph to identify: (a) the average expected return for a risk-free asset; (b) the average expected return for a market portfolio with a risk level of X; (c) the compensation for time preference for a risk-free asset; and (d) the risk premium for the market portfolio’s risk level of X.
Globalization has made it __________ for developing countries to get investment funds and technology
Fill in the blank(s) with the appropriate word(s).