Managers of profit centers earn more when their divisions
a. increase their sales and decrease their costs
a. decrease their sales and increase their costs
b. increase the costs of the components for which they are responsible
c. none
a
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An increase in net taxes (taxes paid by the private sector to the government less transfer payments and interest payments made by the government to the private sector) will:
A. increase private saving. B. increase public saving. C. decrease public saving. D. reduce investment in new capital equipment.
If the price of pizzas falls, the demand for submarine sandwiches (a substitute good) increases
Indicate whether the statement is true or false
Between 1979 and 2009, ________ real GDP per capita was less than that of ________
a. the United States'; Japan b. the United States'; the United Kingdom c. the United States'; France d. Canada's; Germany
The _____________ indicates the least costly way of producing each output level when all inputs can be varied.
Fill in the blank(s) with the appropriate word(s).