In the figure above, what is Gap's excess capacity?
A) 32 jackets per day
B) zero
C) 4 jackets per day
D) 132 jackets per day
A
Economics
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Which of the following shifts the aggregate supply curve rightward? i. The money wage rate rises. ii. Potential GDP increases. iii. Government expenditure on goods and services increases
A) i only B) ii only C) iii only D) ii and iii E) i, ii, and iii
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Which of the following is necessary to make a trade in a barter economy?
A. Money B. Unlimited wants C. A medium of exchange D. A coincidence of wants
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