All economists agree that the European Union is an example of a true a optimal currency area

Indicate whether the statement is true or false

False

Economics

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Use the aggregate expenditures model and the following values to answer the next question.AMPCIGT$3500.75$400$400$200Determine equilibrium real GDP for this economy.

A. $4,600 B. $5,400 C. $3,800 D. $4,000

Economics

Monopolistically competitive firms use product differentiation to

A. limit the number of firms in the industry. B. block other firms from entering the industry. C. achieve market power. D. ensure long-run profits.

Economics