Standard loans of the International Monetary Fund, known as stand-by arrangements, are normally to be repaid in ten years.
Answer the following statement true (T) or false (F)
False
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By setting MR = MC, a competitive firm decides to sell 100 units when the market price is $20. The average cost of producing the 100 units is $18 per unit. If the firm has fixed costs of $500, then the firm should
a. shutdown b. expand production c. exit the industry d. increase their price
Which of the following is not included in gross private domestic investment spending?
A) Household spending on residential construction. B) Spending on business inventories. C) Household spending on durable goods. D) Business spending on plant and equipment.
Even if demand for a resource grows over time, ever-rising prices of the resource that result from its growing scarcity still discourage consumption
a. True b. False Indicate whether the statement is true or false
Voluntarism often has proved to be weak and unreliable. Does it still have a place in controlling activities that damage the environment?