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Author Question: What is an entrepreneur? What will be an ideal response?[br][br][b][color=#FA1639]Question ... (Read 16 times)

xroflmao

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on: Jun 29, 2018
What is an entrepreneur?
 
  What will be an ideal response?

Question 2

Refer to Figure 16-12. An increase in government purchases of 200 billion causes aggregate demand to shift ultimately from AD1 to AD2.
 
  Assuming a constant price level, the difference in real GDP between point A and point B will be ________ 200 billion.
  A) less than
  B) greater than
  C) equal to
  D) There is insufficient information given here to draw a conclusion.


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ciecieme

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

An entrepreneur is an individual who organizes, manages, and assumes the risk of a new firm.

Answer to Question 2

B


xroflmao

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Reply #2 on: Jun 29, 2018
Thank you :)


ciecieme

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Reply #3 on: Jun 29, 2018
Happy to help you


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