Government production accounts for about half of all GDP in the United States.

Suppose you want to buy a popular brand of digital camera. Every store in town is out of stock. You are willing and able to pay the current market price of $300 for a camera, but you cannot find any available

Is the market for the digital camera in equilibrium? If not, is the market equilibrium price of the camera above or below $300? Use supply and demand analysis to explain your answer.

An increase in the saving rate will affect which of the following variables in the long run?

A) output per worker B) capital per worker C) the level of investment D) all of the above