On the basis of the data we can say that:
Answer the question on the basis of the following information for four highway programs of increasing scope. All figures are in millions of dollars.
A. Program D is the most efficient on economic grounds.
B. Program C is the most efficient on economic grounds.
C. Program B is the most efficient on economic grounds.
D. Program A is the most efficient on economic grounds.
C. Program B is the most efficient on economic grounds.
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The United States is one of the least “marketized” economies in the world.
Answer the following statement true (T) or false (F)
Which of the following is an ultimate objective of the Federal Reserve?
A) Real GDP growth B) M1 growth C) M2 growth D) Low interest rates
A profit-maximizing firm will produce the level of output at which:
a. average revenue equals average cost. b. average revenue equals average variable cost. c. marginal revenue equals marginal cost. d. marginal cost equals average revenue. e. marginal revenue exceeds marginal cost by the maximum amount.
All members of the Federal Board of Governors are appointed by the president and confirmed by the Senate
a. True b. False Indicate whether the statement is true or false