Fluctuations in the economys real growth rate

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Q1. If the fluctuations in the economy's real growth rate from year to year are caused primarily by variations in the rate at which aggregate delivery increases, then data would Explain how

Q2. In the long-run competitive equilibrium, P = MC =SRATC = LRAT. Because P = MR = MC = SRATC = LRATC. The condition exists of five parts. a) p=mr (b) mr=mc (c) p =sratc (d) mc=sratc (e) sratc = lratc. Please carefully Explicate Illustrate what each of these parts mean.

Reference no: EM1313971

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