A firm's shutdown point is the output and price at which the firm just covers its
A) total fixed cost.
B) total variable cost.
C) total cost.
D) marginal cost.
B
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Which of the following varies directly with the interest rate?
A. the opportunity cost of holding money B. the asset demand for money C. the level of investment D. the transactions demand for money
The National Labor Relations Act of 1935 and the Fair Labor Standards Act of 1938 forced employers to
(a) negotiate with unionized labor. (b) keep hours at a minimum. (c) pay maximum wages. (d) do all of the above.
Which of the following lists correctly ranks countries from most equal to least equal distribution of income?
a. Nigeria, India, Mexico, Germany b. Brazil, United States, India, Japan c. United States, Ethiopia, Japan, South Africa d. Japan, India, United States, Brazil
Net capital outflow equals the purchase of
a. foreign assets by domestic residents. b. domestic assets by foreign residents. c. domestic assets by foreign residents - the purchase of foreign assets by domestic residents d. foreign assets by domestic residents - the purchase of domestic assets by foreign residents