Whether or not a reduction in the budget deficit is a pro-growth measure depends on how the budget deficit shrinks

The international financial market moved towards equilibrium under the gold standard due to

A) shifts in exchange rates caused by changes in supply and demand for foreign exchange. B) changes in interest rates. C) negotiations among central banks. D) flows of gold among countries.

Suppose a firm uses workers and office space to produce output. The firm is locked into a year-long lease on its office space, but it can easily vary the number of employee-hours it uses each day. The table below describes the relationship between the number of employee-hours the firm uses each day and the firm's daily output. Each unit of output sells for $2, the hourly wage rate is $14, and the rent on the office space is $50 per day.Employee-HoursPer DayOutputPer Day0014048091201516023200This firm's fixed cost each day is:

A. $66 B. $14 C. $64 D. $50