If the current margin is greater than the desired margin,

a. MR=MC
b. MR>MC
c. MR d. Marginal revenue and marginal cost are both zero

b

Economics

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If aggregate output is below the natural rate level, nonactivists of policies would recommend that the government

A) do nothing. B) try to eliminate the high unemployment by attempting to shift the aggregate supply curve to the right. C) try to eliminate the high unemployment by attempting to shift the aggregate demand curve to the right. D) try to eliminate the high unemployment by attempting to shift the aggregate demand curve to the left.

Economics

If an American construction company built a road in Kuwait, this activity would be

A) excluded from U.S. GNP. B) fully included in U.S. GDP. C) included in U.S. GNP only for that portion that was attributable to American capital and labor. D) included in U.S. GDP but not in U.S. GNP.

Economics