If price equals average total cost, then total revenue
a. equals total cost
b. equals total fixed cost
c. equals total variable cost
d. is greater than total cost
e. equals marginal revenue
A
Economics
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________ refers to an increase in the total value of the goods and services an economy produces each year
Fill in the blank(s) with correct word
Economics
In the expectations-augmented Phillips curve, ? = ?e - 3(u - 0.06). When ? = 0.06 and ?e = 0.03, the unemployment rate is
A) 0.04. B) 0.05. C) 0.06. D) 0.07.
Economics