Refer to the above figure. At demand curve D2, price equals ________ and economic rent equals ________

A) OF; KHG
B) OF; FHGO
C) OE; EKGO
D) OE; KHG

B

Economics

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When expansionary fiscal and monetary policies are joined with a ________ exchange rate system, the various components of economic policy often interact in ways that lead to a crisis followed by a steep recession

A) fixed B) floating C) crawling peg D) flexible

Economics

A firm advertising using an expensive, famous spokesperson is often

A) aimed to raise rivals' costs. B) used to increase the total market demand. C) used to steal customers from rivals. D) used to focus on general problems the product addresses.

Economics