If there's no import, the multiplier in Q9 equals

Some economists argue that the federal government should normally run a deficit at potential GDP, with the borrowed funds applied to

A) consumption goods. B) investment goods. C) social security benefits. D) health care costs.

For firms that sell one product in a perfectly competitive market, average revenue is:

A. equal to marginal cost. B. equal to the market price. C. calculated by total output divided by total revenue. D. greater than market price.