When marginal cost is increasing:
A. Total cost must be increasing
B. Average total cost must be increasing
C. Average total cost must be decreasing
D. Average fixed cost might be increasing or decreasing
A. Total cost must be increasing
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If you invest in an "emerging market fund," your money is probably going to a commercial bank, rather than directly to nonfinancial businesses. Why? Why is that probably a good thing?
What will be an ideal response?
Shortcomings and weaknesses of the SGP did NOT involve:
A) the difficulty of correctly assessing a member's budgetary condition. B) the fact that transgressions and breaking rules had no sure consequences because members tended to forgive their peer nations. C) nations refusing to allow their economies to go into recession to meet a Eurozone budgetary target. D) the fact that transgressions and breaking rules had critical consequences to nations.
Jill likes lobsters but she does NOT eat lobsters in every meal. How can utility theory explain this?
What will be an ideal response?
The monetarists advocate increasing the money supply by about ______% a year.
Fill in the blank(s) with the appropriate word(s).