The opportunity cost of postponing income to some future time depends on the interest rate.

Answer the following statement true (T) or false (F)


True

Economics

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Which of the following statements is true?

A) Proximate causes of prosperity are shaped by fundamental causes of prosperity. B) Proximate causes of prosperity are effective only in the short run. C) Fundamental causes of prosperity are effective only in the short run. D) Fundamental causes of prosperity are shaped by proximate causes of prosperity.

Economics

Refer to Table 12-3. What price (P) will Arnie charge and how much profit will he earn if the market price of basketballs is $12.50?

A) Price and profit cannot be determined from the information given. B) P = $12.50; profit = $22.50 C) P = $12.50; profit = $52.50 D) P = $20; profit = $75.00.

Economics

As price falls along a given demand curve for pretzels,

a. quantity demanded, total utility, marginal utility, and consumer surplus increase; consumer expenditure decreases b. quantity demanded, total utility, and consumer surplus increase; marginal utility and consumer surplus decrease c. quantity demanded, total utility, consumer surplus, and consumer expenditure increase; marginal utility decreases d. quantity demanded, total utility, and consumer surplus increase; marginal utility decreases; consumer expenditure might increase, decrease, or remain constant e. quantity demanded, total utility, marginal utility, consumer surplus, and consumer expenditure all increase

Economics

Japanese rice farmers are facing the same kind of economic future as American corn farmers have faced

Indicate whether the statement is true or false

Economics