In the long-run, all costs are
a. Fixed costs
b. Variable costs
c. Sunk Costs
d. Marginal Costs
b
You might also like to view...
Deposit insurance has not worked well in countries with
A) a weak institutional environment. B) strong supervision and regulation. C) a tradition of the rule of law. D) few opportunities for corruption.
Economists consider the minimum wage to be a
a. blunt instrument of social policy b. finely tuned instrument of social policy c. universally bad idea d. policy that has no impact on poverty
Shoeleather costs and menu costs are both costs of anticipated inflation
a. True b. False Indicate whether the statement is true or false
Of these areas of macroeconomics, which employs the fewest economists?
A. Macroeconomic forecasting B. Macroeconomic research C. Macroeconomic analysis