An increase in personal saving as a percentage of disposable income contributes to capital deepening

Indicate whether the statement is true or false


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Economics

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The above figure shows the demand and cost curves for a monopolist. What is the maximum economic profit this firm can make?

A) zero B) $400 C) $100 D) $200

Economics

"Learning by doing" has the effect of causing:

A) a movement down the LRAC curve. B) a movement up the LRAC curve. C) the LRAC curve to shift up. D) the LRAC curve to shift down.

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If the price of a depleting resource does not rise as anticipated, it may be because: a. new reserves of the resource were discovered

b. new methods of mining or refining were developed. c. price controls were passed by law. d. All of the above are correct.

Economics

Compare the Board of Governors and the Federal Open Market Committee

Economics