The table gives data for a nation. What is the amount of the country's GDP?

Any competitive equilibrium is Pareto-efficient because, with a competitive equilibrium,

A) the marginal rates of substitution are equal for all consumers. B) the price line is the contract curve. C) mutual gains from trade exist. D) the slope of the price line equals the ratio of the MRS for all consumers.

Central banks get the purchasing power to buy government securities by:

a. Reducing currency in circulation. b. Making discount loans to banks. c. Taking loans from the government. d. Increasing their liabilities in the form of deposits from banks. e. None of the above.