Which of the following is NOT an asset of commercial banks?

If the GDP deflator is 142, by how much have prices changed since the base year?

A) Prices have increased by 42%. B) Prices have increased by 142%. C) Prices have increased by 58%. D) Prices have decreased by 4.2%.

For a monopolistically competitive firm in long run equilibrium: a. marginal revenue equals marginal cost and price equals average cost

b. the economic profits it is earning will soon be competed away by entry. c. accounting profits are zero and price equals marginal cost. d. marginal revenue equals marginal cost and average total cost is minimized.