Suppose Chip's Chips produces bags of potato chips. An example of a variable cost for this firm would be:
A. the potato peeling machine.
B. the factory building.
C. the deep fryer.
D. None of these is an example of a variable cost.
D. None of these is an example of a variable cost.
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A firm will shut down permanently if total revenue is not sufficient to pay for total costs in the long run
a. True b. False Indicate whether the statement is true or false
When the Federal Reserve sells a government security to a bond dealer, which transmits payment from a transactions deposit account at a bank
A. the money supply will decrease. B. the net worth of the commercial bank will decrease. C. the cash of the Federal Reserve will decrease. D. the loans of the commercial bank will increase.
In several years, bondholders may lose confidence in the United States willingness to pay back funds.
Answer the following statement true (T) or false (F)
Suppose you own some German government bonds that pay you interest every year. This interest is entered into which of the balance of payments accounts?
A) trade account B) interest account C) current account D) capital and financial account E) official settlements account