Perfect price discrimination will lead a firm to produce up to the point where price equals marginal cost, the efficient level of output
Indicate whether the statement is true or false
TRUE
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Ryan deposits $900 at an annual interest rate of 9%. The total amount in Ryan's account after one year will be ________
A) $963 B) $975 C) $981 D) $999
What are junk bonds?
All of the following are important sources of growth except:
A. capital accumulation. B. decreasing returns to scale. C. institutions with incentives compatible with growth. D. technological development.
Which of the following portfolio allocation decisions represents the best individual response to an increase in the interest rate on nonmonetary assets?
A. Sell some stocks and use the money to buy bonds. B. Sell some bonds and use the money to buy stocks. C. Sell some nonmonetary assets to get cash. D. Buy some nonmonetary assets with cash.