Which of the following are barriers to making decisions?

a. statistics
b. lack of statistics
c. emotions
d. all of the above


Ans: d. all of the above

Economics

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Fiscal policy cannot be used to move the economy along the short-run Phillips curve

a. True b. False Indicate whether the statement is true or false

Economics

In the long-run equilibrium of a market with free entry and exit, marginal firms are operating

a. at the point where average variable cost equals marginal cost. b. at the minimum point on their marginal cost curves. c. at their efficient scale. d. where accounting profit is zero.

Economics

Can marginal utility be negative? Briefly explain with an example

Please provide the best answer for the statement.

Economics

In the long run, when the Fed increases the quantity of money the

A) no real variable changes. B) price level falls. C) real interest rate rises. D) nominal interest rate falls.

Economics