Countries in which one would see a spread of ideas, information, images, and people would be categorized under _____ globalization

Average fixed cost is equal to

A) the amount of total cost that does not change as output changes in the short run. B) fixed cost divided by the quantity of output produced. C) average total cost plus average variable cost. D) fixed cost multiplied by the quantity of output produced.

The branch of macroeconomics concerned with changes in the natural real GDP is the theory of

A) business cycles. B) economic growth. C) GDP gaps. D) unemployment.