In an open economy, aggregate demand is the sum of

A) consumer expenditure, actual investment spending, and government spending.
B) consumer expenditure, planned investment spending, and government spending.
C) consumer expenditure, actual investment spending, government spending, and net exports.
D) consumer expenditure, planned investment spending, government spending, and net exports.

D

Economics

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In the figure above, assuming that the firm does not shut down, it will charge a price of

A) $1. B) $2. C) $3. D) $4.

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Monopolistic competitors have some control over the price of their products.

Answer the following statement true (T) or false (F)

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