If an economy is $100 billion below potential, the tax rate is 20 percent, and the deficit is $180 billion, the structural deficit is:

Will a perfectly competitive firm ever produce in the short run even though it is suffering an economic loss?

What will be an ideal response?

According to the Quantity Theory of Money, the excessive printing of currency (the issuance of greenbacks and national bank notes) generated the post-Civil War increases in

(a) productivity. (b) prices. (c) production. (d) rising real wages and incomes for all individuals.