Which of the MWTP (demand) (a, b, or c below) is the one representing the aggregate MWTP (demand)? Price ($) Aggregate MWTP (a) Aggregate MWTP (b) Aggregate MWTP (c) 1 87 87 2 8. 55 55 11 40 40 4 15 29 31 19 24 24 6. 24 19 19 7 31 14 15 8 40 11 11 9. 55 8. 8. 10 87

* Question Completion Status: QUESTION 15 Robert loves eating pizza. He bought flour and used it to bake pizza. CARMIN Bakery bought flour which it used to bake pizza that customers purchased. In which case will the flour be counted as a final good? Robert's purchase and CARMIN Bakery's purchase. CARMIN Bakery's purchase but not Robert's purchase. Robert's purchase but not CARMIN Bakery's purchase. Neither Robertť's purchase nor CARMIN Bakery's purchase. a. C. d. O a O b O c O d QUESTION 16 In 2020, a farmer sells $20 million worth of corn to REFG Company. REFG Company produces $25 million worth of cereal in 2020, with sales to households during the year of $21 million. The unsold $4 million worth of cereal remains in REFG Company's inventory at the end of 2020. The transactions just described contribute how much to GDP for 2020? a. $21 million b. $20 million C. $45 million d. $25 million O a O b

Student question   do fas i will 10 upvotes don't use chatgpt answer. The downturn in output and employment experienced by the United States during the Great Recession is best characterized as: a)There was a mild downturn in the United States followed by a rapid recovery because the Federal Reserve cut short-term interest rates to zero in 2008. b) There was a relatively mild downturn in the United States followed by a rapid recovery because the US government adopted austerity measures which spurred a boom in private investment. c)There was a severe downturn in the United States, in part, because the Federal Reserve raised interest rates during the start of the Great Recession to prevent inflation from soaring. d)At first, there was a mild downturn in the United States starting in December 2007, followed by a severe collapse in output and employment after September 2008 once the US government adopted harsh austerity measures. e)The United States was ground zero for the Great…

Question 6: Assume an economy operates in the intermediate range of its aggregate supply curve. For each of the following changes in conditions, state the direction of the effect on: aggregate demand, aggregate supply, price level, real GDP. (a) A decrease in government expenditure in infrastructure Click or tap here to enter text. (b) A severe recession occurs in a country which has been a major importer of the nation's exports. Click or tap here to enter text. (c) The federal government increases business taxes Click or tap here to enter text. lity: Investigate END OF EXAMINATION