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Author Question: In the above figure, when the economy is in a long-run equilibrium, real GDP will be A) 15.5 ... (Read 30 times)

plus1

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on: Jun 29, 2018
In the above figure, when the economy is in a long-run equilibrium, real GDP will be
 
  A) 15.5 trillion.
  B) 16.0 trillion.
  C) 17.5 trillion.
  D) 17.0 trillion.

Question 2

A duopoly is a form of
 
  A) perfect competition.
  B) monopolistic competition.
  C) oligopoly.
  D) monopoly.


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kingdude89

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Reply #1 on: Jun 29, 2018
Answer to Question 1

B

Answer to Question 2

C


plus1

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Reply 2 on: Jun 29, 2018
Thanks for the timely response, appreciate it

mochi09

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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