Net domestic product equals gross domestic product plus depreciation
Indicate whether the statement is true or false
false
Economics
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In peak-load pricing, once capacity is reached, the firm's short-run marginal cost curve becomes ________.
A) negative B) vertical C) horizontal D) upward sloping
Economics
A nation can accelerate economic growth by increasing its production of consumer goods
a. True b. False Indicate whether the statement is true or false
Economics
When an increase in the price of one good lowers the demand for another good, the two goods are called complements
a. True b. False Indicate whether the statement is true or false
Economics
The U.S. government has more than 10,000 tariff classifications and more than half of them are subject to interpretation.
a. true b. false
Economics