Identify What prevented the economy from slipping back into a recession after slow growth ended the
long recession in November of 2001?
A. historically low interest rates
B. embargoes placed on oil by OPEC
C. an extended period of stagflation
D. an unprecedented surge in the economy

Suppose that each firm in a competitive industry has the following costs: total cost: tc=50+12q2tc=50+12q2 marginal cost: mc=qmc=q where qq is an individual firm's quantity produced. the market demand curve for this product is: demand qd=160−4pqd=160−4p where pp is the price and qq is the total quantity of the good. each firm's fixed cost is.

Suppose the price of frozen yogurt, a substitute for ice cream, increases. what happens to equilibrium price and quantity of ice cream? a. the price and quantity of ice cream both increase b. the price and quantity of ice cream both decrease c. the price of ice cream increases and the quantity decreases d. the price of ice cream decreases and the quantity increases

Use this image to answer the following question. when the economy is operating at point b, the us congress is most likely to follow