People tend to hold more money as
A. the average price level falls.
B. the interest rate falls.
C. credit availability rises.
D. incomes fall.
B. the interest rate falls.
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Identifying any positive sales quantities at which MR = MC (and determining which positive sales quantity is best if there is more than one) is the description of what rule?
A. Interior Action Rule B. Quantity Rule C. Shut-down Rule D. Profit-maximizing Rule
Available data on the generation of MSW in the United States indicates that
a. durable goods represent the largest proportion by weight of all product groups b. plastics are the largest proportion by weight across all materials groups c. containers and packaging are the largest proportion by weight of all product groups d. none of the above
To what extent are homemaking and child-rearing accounted for in the government's GDP accounts?
A) Not at all B) Only to the extent that they are provided for pay C) Only to the extent that taxes are paid on them D) All homemaking and child-rearing are accounted for
Private businesses tend to spend too little on research and development, because ________
A) investments to increase the capital stock are a better way to boost productivity B) governments tend to spend too much on research and development C) patent laws make it difficult to reap the benefits of such spending D) technology is often nonexcludable