Empirical evidence suggests that the federal budget has remained more or less in surplus between 1990 and 2002

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


False

Economics

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If a firm collects $80 in revenue when it sells 4 units, $100 in revenue when it sells 5 units, and $120 in revenue when it sells 6 units, then one can infer the firm is a(n):

A. perfectly competitor. B. monopolistic competitor. C. monopolist. D. oligopolist.

Economics

"The Balance of payments is always balances." Discuss

What will be an ideal response?

Economics

Organized exchanges where securities and financial instruments are bought and sold are called

A) financial intermediaries. B) financial markets. C) banks. D) financial branches.

Economics

In accordance with the law of supply, both individual and market supply curves are drawn:

a. horizontal. b. vertical. c. downward-sloping. d. upward-sloping.

Economics