A preference for policies that place limits on trade is called:

Which of the following can a firm do in the long run but not in the short run?

A) decrease the size of its physical plant B) reduce its rate of output by laying off workers C) increase its use of raw materials D) increase its variable costs

Real GDP is nominal GDP

a. plus depreciation b. adjusted for changes in the price level c. minus depreciation d. minus taxes e. minus inflation