The federal budget deficit in 2009 was more than eight times larger than the deficit in 2007.

The most profitable output level can be found by looking at which two curves?

a. P and MR. b. MR and MC. c. MC and TC. d. P and AVC. e. AVC and ATC.

_____ varies along a given aggregate demand curve

a. The nominal interest rate in the domestic country b. The exchange rate between the domestic currency and a foreign currency c. The aggregate supply in a foreign country d. The price level in the domestic country e. The prices of resources used in production