A monopolistically competitive firm in long-run equilibrium:
A) will make negative profit.
B) will make zero profit.
C) will make positive profit.
D) Any of the above are possible.
B
Economics
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Suppose the economy has no income taxes or imports. The MPC equals 0.8. What does the expenditure model predict will be the change in real GDP if investment increases by $200 billion?
What will be an ideal response?
Economics
Net unilateral transfers in the United States in 2009 averaged about ______ per US resident
a. $1250 b. $850 c. $520 d. $430 e. $210
Economics