The basic aggregate demand and aggregate supply curve model helps explain ________ fluctuations in real GDP and the price level

Temporary, short-term discount loans to banks in areas in which agriculture and tourism are important are known as

A) primary credit. B) secondary credit. C) seasonal credit. D) repo loans.

________ costs represent a firm's opportunity cost of using its own resources or those provided by its owners without a corresponding cash payment

a. Explicit b. Marginal c. Implicit d. Sunk