Refer to Table 8-28. Based on the table above, what is national ...

[casperchen82]

Refer to Table 8-28. Based on the table above, what is national income for this economy?
 
  A) 1,950 billion B) 2,250 billion C) 2,950 billion D) 3,550 billion

Question 2

Refer to Figure 5-3. At the competitive market equilibrium, for the last unit produced
 
  A) the size of the external cost is Pn - Po. B) the size of the external cost is Pm - Po.
  C) the size of the external benefit is Pn - Po. D) the size of the external benefit is Pm - Po.

[leeeep]

Answer to Question 1

C

Answer to Question 2

D

[casperchen82]

Great answer, keep it coming

[vickyvicksss]

Thanks for the timely response, appreciate it