The smaller the mpc, the ________ the income-expenditure multiplier and the ________ the effect of a change in autonomous spending on short-run equilibrium output.

In the figure above, Gap's economic ________ is ________

A) loss; $8,000 B) loss; $13,000 C) profit; $7,200 D) profit; $13,000

The marginal product of capital is the ________ curve for capital and the marginal product of labor is the ________ curve for labor

A) demand; demand B) demand; supply C) supply; demand D) supply; supply