The aggregate demand curve is directly derived from the expenditures schedule.

Answer the following statement true (T) or false (F)

True

Economics

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Refer to the table above. What is the firm's marginal cost when it produces 155 units of the good?

A) $0.66 B) $1 C) $1.33 D) $1.50

Economics

Slowdonia's current growth rate of real GDP per person is 1 percent a year. Approximately how long will it take to double real GDP per person?

A) 10 years B) 35 years C) 70 years D) 100 years

Economics