Refer to the scenario above. The total value in your account, at the end of a year, is equal to:

The above table gives real GDP and the aggregate expenditure schedule. Equilibrium real GDP is

A) $11 billion. B) $12 billion. C) $10 billion. D) $14 billion. E) $13 billion.

Suppose the price of a can was $5.14. In this case, to maximize its profit the firm illustrated in the figure above would

A) increase its production and would make an economic profit. B) not change its production and would make zero economic profit. C) not change its production and would make an economic profit. D) increase its production and would incur an economic loss. E) not change its production and would incur an economic loss.