Author Question: In the above table, the private sector has a A) surplus of 300 billion. B) deficit of 300 ... (Read 48 times)

big1devin · **on:** Jun 29, 2018

In the above table, the private sector has a

A) surplus of 300 billion.
B) deficit of 300 billion.
C) deficit of 200 billion.
D) deficit of 400 billion.

Question 2

The shutdown point occurs at the level of output for which the ________ is at its minimum.

A) marginal cost
B) average variable cost
C) average fixed cost
D) total cost