In the case of Alan Bakke, the courts ruled that preferential admissions (rigid quotas) were acceptable

Which of the following is considered to be a fixed cost of operating an automobile?

a. gasoline b. tires c. oil change d. maintenance e. registration fees

An equilibrium point beyond a potential GDP is termed as

a. deflationary gap. b. recessionary gap. c. inflationary gap. d. acceleration gap