Which of the following will not cause a change in the demand for a product?

A perfectly competitive firm has a total revenue curve that is

A) upward sloping with an increasing slope. B) downward sloping with a constant slope. C) upward sloping with a decreasing slope. D) upward sloping with a constant slope.

Potential GDP is estimated to grow at a rate of 3.2% in the United States. Actual GDP in the U.S

A) always grows at a slower rate than potential GDP. B) is the same as potential GDP if all firms in the economy were working at capacity. C) always grows at the same rate as potential GDP. D) always grows at a faster rate than potential GDP.