Use the following graph to answer the next question.The graph shows the cost curves for a perfectly competitive firm. If the market price of the product is $1.25 per unit, then the firm will earn (lose) how much per unit in the short run?

According to Okun's Law, if the natural unemployment rate is 5 percent, the actual unemployment rate is 4 percent, and potential GDP is $15 trillion, then actual real GDP is

A) $14.7 trillion. B) $15.4 trillion. C) $15.0 trillion. D) $12.0 trillion. E) $15.3 trillion.

Which of the following is a liability on a bank's balance sheet?

A) checkable deposits B) reserves C) loans D) all of the above E) none of the above