Which of the following refers to the additional cost of producing one more unit?

Ajax Corporation has recently finished building a new factory. They moved into the factory a month ago and found that it is the perfect size given the amount they want to produce. Ajax is now operating in the

A) production time. B) corporation time. C) long run. D) short run.

If an increase in investment causes an increase in real output beyond the full-employment level, the result will be

A. An increase in undesired inventories. B. An increase in the recessionary GDP gap. C. Cost-push inflation. D. Demand-pull inflation.