A country has $100 million of net exports and $170 million of saving. Net capital outflow is

a. $70 million and domestic investment is $170 million.
b. $70 million and domestic investment is $270 million.
c. $100 million and domestic investment is $70 million.
d. None of the above is correct.

c

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When the firm is a price taker, at the quantity where profit is maximized,

A. MC=P=MR. B. MC>P>MR. C. MC=P. D. MC.

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