[Answered] In the above figure, when the economy is in a long-run equilibrium, real GDP will be A) 15.5 ...

This topic contains a solution. Click here to go to the answer

Author Question: In the above figure, when the economy is in a long-run equilibrium, real GDP will be A) 15.5 ... (Read 37 times)

plus1

Hero Member
Posts: 676

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.

Need homework help now?

Ask unlimited questions for free

Ask a Question

Marked as best answer by a Subject Expert

kingdude89

Sr. Member
Posts: 336

Reply #1 on: Jun 29, 2018

Answer to Question 1

B

Answer to Question 2

C

plus1

Member
Posts: 676

Reply 2 on: Jun 29, 2018

TYSM

scottmt

Member
Posts: 322

Reply 3 on: Yesterday

YES! Correct, THANKS for helping me on my review

« previous next »

Did you know?

On average, someone in the United States has a stroke about every 40 seconds. This is about 795,000 people per year.

Did you know?

Though “Krazy Glue” or “Super Glue” has the ability to seal small wounds, it is not recommended for this purpose since it contains many substances that should not enter the body through the skin, and may be harmful.

Did you know?

Egg cells are about the size of a grain of sand. They are formed inside of a female's ovaries before she is even born.

Did you know?

In women, pharmacodynamic differences include increased sensitivity to (and increased effectiveness of) beta-blockers, opioids, selective serotonin reuptake inhibitors, and typical antipsychotics.

Did you know?

The Food and Drug Administration has approved Risperdal, an adult antipsychotic drug, for the symptomatic treatment of irritability in children and adolescents with autism. The approval is the first for the use of a drug to treat behaviors associated with autism in children. These behaviors are included under the general heading of irritability and include aggression, deliberate self-injury, and temper tantrums.