Economic rent is the portion of a resource's total earnings above its opportunity cost
Indicate whether the statement is true or false
true
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The use of money adds to wealth because it tends to increase people's
A) options. B) risks. C) costs. D) expenditures. E) elasticity of demand.
If electric utilities continually reduce their emissions of sulfur dioxide
A) the utilities will eventually be forced to go out of business. B) the marginal cost of further emissions will rise. C) the marginal benefit of additional emissions will rise. D) the total benefit of sulfur dioxide emissions will fall.
Marginal utility (MU) equals
a. ?P/?Q b. ?Q/?TU c. ?PQ/?TU d. ?TU/?P e. ?TU/?Q
Central banks get the purchasing power to buy government securities by:
a. Making discount loans to banks. b. Taking loans from the government. c. Increasing their liabilities in the form of deposits from banks. d. All of the above. e. None of the above.