The quantity produced in a monopolistically competitive market is ________ than the quantity produced in a perfectly competitive market, and the price charged in a monopolistically competitive market is ________ than the price charged in a perfectly

Using the data in the table above, the growth rate of real GDP has

A) increased from year to year. B) increased more rapidly from year to year. C) remained constant from year to year. D) slowed from year to year. E) probably changed, but more information is needed about the price level to determine by how much it has changed.

If full-employment GDP is equal to $4.2 trillion, what does the long-run aggregate supply curve look like?

A) It is a vertical line at a level of GDP above $4.2 trillion. B) It is a vertical line at $4.2 trillion of GDP. C) It is a horizontal line at $4.2 trillion of GDP. D) It is a vertical line at a level of GDP below $4.2 trillion.