Given the values in the table above, equilibrium output Y = ________ when the real interest rate r = 4

We observe a shortage in real life when we see

A) nonmoney costs of acquiring a good increasing. B) people unable to purchase as much as their situation requires. C) prices falling. D) the amount purchased is less than the amount supplied.

Currently, the United States is both a net borrower and a debtor nation

Indicate whether the statement is true or false