Political freedom seems to be ________ important to growth than economic freedom

If desired saving increases in a small open economy, net exports (net capital outflow) rise. What happens to net exports if desired saving rises in most of the world's economies at the same time?

What will be an ideal response?

In a long-run perfectly competitive equilibrium,

a. marginal cost and marginal revenue are the greatest distance apart b. barriers to entry are established by entrenched firms c. the typical firm will earn an economic profit d. average total cost is rising e. price and marginal cost are equal to minimum short-run and long-run average total cost