The top 20 PACs, Political Action Committees, spent how much in 2010?

a. 100 million
b. $200 million
c. $300 million
d. $400 million

d

Economics

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In the above figure, the short-run aggregate supply curve is SAS1. Suppose that the price level in the economy increases. As a result there is

A) an upward movement along SAS1. B) a downward movement along SAS1. C) a shift to SAS0. D) a shift to SAS2.

Economics

Assume that the total revenue curve for a firm is given by TR = 2Q. We know for sure that:

a. the firm is a monopolist b. the firm is not a monopolist c. the firm may be a monopolist or a perfectly competitive firm d. this question is too hard for me and I do not know the correct answer so give me a zero e. none of the above

Economics