Behavioral economists use which technique to test economic theory?

In the short run, the equilibrium level of real GDP

A) is necessarily less than potential GDP. B) is necessarily equal to potential GDP. C) is necessarily greater than potential GDP. D) could be less than, equal to, or greater than potential GDP.

Consider the labor market depicted in the above figure. The competitive equilibrium would be for ________ hours of employment

A) 200 B) 400 C) 600 D) None of the above answers is correct.