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Author Question: In a small economy, gross investment is 1,500, consumption spending is 6,000, net investment is 200, ... (Read 153 times)

theo

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In a small economy, gross investment is 1,500, consumption spending is 6,000, net investment is 200, government spending is 1,500, exports are 2,000 and imports are 1,000. What is GDP for this economy?
 
  A) 10,700 B) 10,300 C) 10,200 D) 10,000

Question 2

If the long-run average total cost curve is downward-sloping, then the firm is experiencing decreasing returns to scale.
 
  Indicate whether the statement is true or false


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diana chang

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theo

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Reply 2 on: Jun 29, 2018
Excellent


at

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

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