As long as the market sets prices above marginal costs, production will be efficient
a. True
b. False
Indicate whether the statement is true or false
False
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Exchanging dollars for euros to pay a computer manufacturer in Belgium would occur
A) in the foreign exchange market. B) at the Federal Reserve. C) at the European Central Bank. D) in the letter of credit market.
Anne is an accountant who lost her job in the last recession and has given up looking for work after an unsuccessful job search. Which of the following is true in this case? a. She is a discouraged worker
b. She is underemployed. c. This is an example of cyclical unemployment. d. This is an example of seasonal unemployment. e. She is overemployed.
The difference between national income and disposable income is
A. residential investment. B. federal deficits. C. net exports. D. financial investment. E. the amount of taxes collected.
The poverty rate in the United States is lowest for whites.
Answer the following statement true (T) or false (F)