Total benefits minus total cost equals:
A. gross benefit.
B. marginal benefit.
C. net benefit.
D. incremental benefit.
C. net benefit.
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What would you pay for a newly issued 10-year bond with face value of $10,000 and no coupon payments? Assume the interest rate is 5 percent (0.05) per year
a. $0 b. $6,139.13 c. $10,000 d. $95,632.41 e. $100,000.00
The benefits to a country from dollarization include each of the following, except:
A. a lower risk premium since inflationary finance is no longer a possibility. B. no risk of an exchange rate crisis. C. greater and faster integration into world markets, increasing trade and investment. D. increased revenue from seignorage.
Government regulators might suspect a firm of engaging in predatory pricing if it charges prices that seem to be too __________
Fill in the blank(s) with correct word
Figure 9-3
?
In Figure 9-3, equilibrium GDP is
A. $2,000 billion. B. $3,000 billion. C. $4,000 billion. D. $5,000 billion.