In the long-run, all costs are

a. Fixed costs
b. Variable costs
c. Sunk Costs
d. Marginal Costs


b

Economics

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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.

Economics

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

Economics

Shoeleather costs and menu costs are both costs of anticipated inflation

a. True b. False Indicate whether the statement is true or false

Economics

Of these areas of macroeconomics, which employs the fewest economists?

A. Macroeconomic forecasting B. Macroeconomic research C. Macroeconomic analysis

Economics