There is considerable evidence to support the assertion that legislated input combinations have reduced the costs of production in affected industries
Indicate whether the statement is true or false
FALSE
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During the winter of 2011-2012, the price of fuel oil increased enormously but the quantity demanded decreased only a little. This response indicates that the demand for fuel oil was
A) inelastic. B) elastic. C) unit elastic. D) perfectly elastic. E) perfectly inelastic.
Suppose the best investment you could make with $100,000 in cash is to purchase a government bond that pays 14 percent interest per year
If you decide to invest the money in your own business instead of buying the government bond, the opportunity cost of this financial capital is A) $1,400 per year. B) $100,000 per year. C) $14,000 per year. D) zero, because you already had the $100,000.
Which of the following is the most popular instrument for financing Islamic investments?
a. Murabaha b. Mortgage c. Microfinance d. Riba e. Mudaraba
When the dollar buys more foreign currency, there has been appreciation of the dollar.
Answer the following statement true (T) or false (F)