A decrease in liabilities will reduce a firm's accounting profit

Indicate whether the statement is true or false


FALSE

Economics

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Technological change allows the economy to produce more output with the same amount of capital and labor

Indicate whether the statement is true or false

Economics

The answer is: "When the official price of a currency is lowered." What is the question?

A) What is overvaluation? B) What is revaluation? C) What is appreciation? D) What is depreciation? E) none of the above

Economics

Senator Franklin told Senator Jefferson he would support her new bridge project if she would support his retirement funding bill. This is an example of ______.

a. rent seeking b. vertical equity c. logrolling d. gerrymandering

Economics

When there is a recessionary gap, inflation will ________, in response to which the Federal Reserve will ________ real interest rates, and output will ________.

A. decline; lower; decline B. increase; raise; decline C. decline; lower; expand D. decline; raise; decline

Economics