The most commonly accepted cause of the European Crisis is:
a. Fiscal profligacy
b. Too little welfare spending
c. Unemployment
d. Current account deficit
A
Economics
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Accounting profits at a firm's break-even point are
A) positive. B) negative. C) zero. D) indeterminate since we need to know what demand is.
Economics
Price will rise to eliminate a surplus
a. True b. False Indicate whether the statement is true or false
Economics
If firms were charged the full social opportunity cost of the resources they used, there would be
A. A need for government intervention. B. Market failure. C. No external costs. D. Government failure.
Economics
A systematic set of procedures through which knowledge is created is:
A) the economy. B) the scientific method. C) a market. D) a model.
Economics