If net exports increase by 250 and the mpc is 0.75, equilibrium aggregate output increases by

Which of the following goods is least likely to be provided by the private sector?

a. a good characterized by nonrivalry in consumption from which nonpaying customers can be excluded b. a good characterized by nonrivalry in consumption from which paying customers cannot be excluded c. a good characterized by rivalry in consumption from which nonpaying customers can be excluded d. a good for which the marginal private benefit to an individual exceeds the marginal cost of producing the good

A perfectly price elastic supply curve will be a(n) ________ line.

A. downward-sloping B. upward-sloping C. horizontal D. vertical