Which of the following is not included in the government's spending on security?

The high growth rate in China in the last twenty years has similarities to the high growth rate of ________ during the 1950s and 1960s

A) the United States B) the Soviet Union C) Brazil D) Mexico

Consider a perfectly competitive firm whose minimum average total cost is $100 . This firm is representative of all the firms in the market. If the market price is $80, then in the long run

a. new, more-efficient firms will be attracted into the industry b. market supply will fall c. the firm's average revenue will fall d. all the firms currently operating will increase output e. total market output will rise