Refer to the figure below.________ inflation will eventually move the economy pictured in the diagram from short-run equilibrium at point ________ to long-run equilibrium at point ________. 

The total value of inputs used in the production of 100,000 units of a good manufactured in a country is $150,000. Assume that the country produces only this good and each unit of the good sells for $10

What is the gross domestic product of the country? A) $1,000,000 B) $250,000 C) $150,000 D) $1,150,000

When economists assume that people act rationally, it means they: a. make decisions based on complete and accurate information

b. make decisions that will not be regretted later on. c. make decisions based on what they believe is best for themselves using available information. d. make decisions based solely on what is best for society.