Refer to Figure 10.2. If in this economy the MPC = 0.6, Y2 = $50 billion, and AE2 is $5 billion below AE1, potential GDP is

Have redistribution programs decreased poverty since 1968? Discuss the role of program administrators and their bureaus in explaining your answer

What will be an ideal response?

Ellie and John sell pizzas in a small town. Ellie is willing to sell 14 pizzas when the price is $10 per pizza, but only 13 pizzas when the price is $8 per pizza. John, on the other hand, is willing to sell 19 pizzas when the price per pizza is $10, but only 17 pizzas when the price is $6 per pizza. At $10 per pizza, the market quantity supplied is equal to _____

a. 31 b. 32 c. 33 d. 29