Firm X is producing 1000 units, selling them at $15 each. Variable costs are $3 per unit and the firm is making an accounting profit of $3000. What is the firm’s total variable costs?

The political market place requires all EXCEPT

A) diplomats. B) firms. C) voters. D) politicians.

In the United States, corporate profits are taxed at the corporate level and then are taxed again as personal income in the form of dividend payments

Indicate whether the statement is true or false

The MPC is

A. .1.
B. .2.
C. .3.
D. .4.

In response to the deep economic downturn in the US in 2008 and 2009, the US

a. reduced taxes. b. increased government spending. c. increased the supply of money. d. All of the above are correct.