Based on our understanding of the paradox of saving, we know that a reduction in the desire to save will cause
A) an increase in equilibrium GDP.
B) a reduction in GDP.
C) an increase in the desire to invest.
D) no change in equilibrium GDP.
E) a permanent reduction in the level of saving.
A
Economics
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Equilibrium in the money market would be expressed by which of the following?
A. Md = (1/V)P B. Ms = (1/V)Y C. Ms = Md D. Ms = (1/V)P
Economics
Refer to the information provided in Figure 15.1 below to answer the question(s) that follow. Below are cost curves for Dom's Barber Shop, a monopolistically competitive firm. 
Figure 15.1 Refer to Figure 15.1. The profit-maximizing price for a haircut is
A. $10. B. $12. C. $14. D. $16.
Economics