The American Revolution was waged against the colonial governments that had emerged and had been supported by the English
Indicate whether the statement is true or false
False
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Explain the big tradeoff. What idea of fairness has been developed to deal with it?
What will be an ideal response?
The LM curve is the set of combinations of ________ such that ________
A) interest rates and real money balances, real income equals real money balances times (1/r) B) interest rates and real money balances, the money supply is equally demanded C) real income and real money balances, the production of output is equally demanded D) real income and interest rates, the production of output is equally demanded E) real income and interest rates, the money supply is equally demanded
For a linear production function, q = f(L,K) = 4L + 2K, what is the short-run production function given that capital is fixed at = 50?
A) q = 4L + 100 B) q = 4L + 50 C) q = 4L D) q = 104
If mining companies are able to shift some of their production costs onto outside parties, the actual output of mines is likely to fall short of society's ideal
a. True b. False Indicate whether the statement is true or false