The flour used in the pizza you bought for dinner last night is considered a final good

Which of the following is true if a firm shuts down? i. The price is less than minimum average variable cost. ii. The firm is able to avoid an economic loss. iii. The firm incurs a loss equal to its total variable cost

A) i only B) i and ii C) i and iii D) iii only E) ii only

All else equal, an increase in the government's budget deficit accompanied by a decrease in corporate taxes would definitely result in

A) an increase in the equilibrium real interest rate. B) a decrease in the equilibrium real interest rate. C) an increase in the equilibrium level of saving and investment. D) a decrease in the equilibrium level of saving and investment.