If aggregate demand grows only slightly faster than potential GDP, then the economy will ________

A) experience economic growth with high inflation
B) experience recession
C) experience economic growth with low inflation
D) be at a business-cycle peak

C

Economics

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Bill created a new software program he is willing to sell for $200 . He sells his first copy and enjoys a producer surplus of $150 . What is the price paid for the software?

a. $50. b. $150. c. $200. d. $350.

Economics

Some economists have found that U.S. imports of Chinese goods and resources

A) lower the price of goods for U.S. consumers. B) lower the cost of inputs for U.S. firms. C) increase the variety of products in U.S. markets. D) may enhance productivity of U.S. firms. E) all of the above

Economics