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Complete the table:
Output total variable total fixed Total cost ave.variable ave.fixed ave.total Marginal
cost cost cost cost cost cost
0 0 10 ? ?
1 6 10 ? ?
2 9.6 10 ?
3 12 10 ?
4 14.1 10 ?
5 16.2 10 ?
6 18 10 ?
7 20.4 10 ?
8 24 10 ?
9 30 10 ? ?
Describe how the federal reserve kept the US from sliding into a deeper recession after.
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Elucidate three general economic principles along with being able to identify three to five macroeconomic indices e.g.GDP,CPI. I must also be able to make an evaluation and develop a forecast from the article.
A nation has a lower inflation rate than all other nations, It has more rapid economic growth.
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