Diseconomies of scale are most likely at very low levels of output
a. True
b. False
Indicate whether the statement is true or false
False
Economics
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A commercial bank has checkable-deposit liabilities of $50,000 and a required-reserve ratio of 20%. What is the amount of required reserves?
A. $10,000 B. $250,000 C. $1 million D. $50,000
Economics
For jointly owned substitute products, cannibalization leads to MR______MC
a. Being higher than b. Being lower than c. Equaling d. None of the above
Economics
What is the percentage of income received by the lower three quintiles on line K?
Economics
Interest rates are determined by the
A. market supply and demand for loanable funds. B. rental rate of capital. C. marginal revenue product of physical capital. D. physical depreciation of capital.
Economics