If the growth rate for GDP was 9 percent and GDP in year 1 was 100, then GDP in year 2 would be

The opportunity cost of providing a public good to an additional individual is

A) infinite. B) zero. C) impossible to determine. D) high because of the exclusion principle.

All of the following are microeconomic consequences of inflation except

A. A wealth effect. B. An income effect. C. A profit effect. D. A price effect.