Which of the following is most important in determining the number of jobs in an economy?

If the market for maple syrup is perfectly competitive, then in the long-run equilibrium, firms are

A) entering the market. B) exiting the market. C) making zero economic profit. D) temporarily shutting down.

In 2010, many politicians argued that the deficit should be reduced at all costs but many economists countered that deficit reduction would be problematic given the state of the economy

a. True b. False Indicate whether the statement is true or false