The tax multiplier equals 1 ? spending multiplier
a. True
b. False
Indicate whether the statement is true or false
True
Economics
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Marginal benefit curves slope ________ and marginal cost curves slope ________
A) upward; upward B) upward; downward C) downward; downward D) downward; upward
Economics
Which type of firm produces the largest share of manufacturing output?
A) proprietorships only B) partnerships only C) corporations only D) Proprietorships and corporations are tied.
Economics
When the price curve is a horizontal line, it always coincides with all of the following except
a. MR b. TR/Q c. AR d. change in total revenue divided by change in output e. TC
Economics
At point A, 
A. MC = MR. B. The firm would do worst by shutting down. C. MC > MR. D. The firm is making positive economic profit.
Economics