The economy pictured in the figure has a(n) ________ gap with a short-run equilibrium combination of inflation and output indicated by point ________. 

A firm experiencing constant returns to scale operates on the horizontal part of the:

a. long-run average total cost curve. b. marginal cost curve. c. marginal product curve. d. total product curve.

The majority of Medicaid dollars goes to poor families with children

Indicate whether the statement is true or false