Predatory pricing is a form of barrier to entry

In an open economy, as the price level increases, a(n) ____ in demand in the quantity of domestic goods results in a(n) ____ in the quantity of RGDP demanded

a. increase, decrease b. increase, increase c. decrease, decrease d. decrease, increase

Suppose private saving in a closed economy is $12b and investment is $10b

a. National saving must equal $12b. b. Public saving must equal $2b. c. The government budget surplus must equal $2b. d. The government budget deficit must equal $2b.