Centralization of all decision making in an organization is essential to protect the interests of its shareholders
Indicate whether the statement is true or false
F
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Policy activists can point to the volatility of ________ of private aggregate demand to score points in arguing for discretionary countercyclical policy
A) the consumption segment B) the consumption and net export segments C) the investment and net export segments D) none of the segments
Each firm in the egg industry (competitive) produces 15 million eggs per year. Each egg has an average cost of $0.02 and they sell an egg for $0.06 . The marginal cost of a string is
a. $0.02 b. $0.06 c. $0.04 d. not enough information provided.
Economists, like mathematicians, physicists, and biologists,
a. make use of the scientific method. b. try to address their subject with a scientist's objectivity. c. devise theories, collect data, and then analyze these data in an attempt to verify or refute their theories. d. All of the above are correct.
Using Figure 1 above, if the aggregate demand curve shifts from AD3 to AD2 the result in the long run would be:
A. P1 and Y2. B. P2 and Y1. C. P3 and Y1. D. P3 and Y2.