In 2009, the return on American investments abroad was _____ the return earned by foreigners on their investments in the U.S.

U.S. GDP increased from $12.5 trillion in 2005 to $14 trillion in 2009. This means that:

A. people in the U.S. produced more goods and services in 2009 than in 2005. B. the prices of all goods and services were higher in 2009 than in 2005. C. Either of these could be true. D. Both of these must be true.

A monopolistic competitive firm’s quantity produced is which of the following?

a. Greater than a monopolist but less than a perfect competition firm b. Less than a monopolists but greater than a perfect competition firm c. Greater than a monopolists and greater than a perfect competition firm d. Less than a monopolists and less than a perfect competition firm