The firm's most efficient output
A. is OR.
B. is OS.
C. is OT.
D. None of the choices are correct.
B. is OS.
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Starting from long-run equilibrium, a war that raises government purchases results in ________ output in the short run and ________ output in the long run.
A. lower; potential B. higher; potential C. higher; higher D. lower; higher
Using historical statistics is likely to produce accurate estimates of demand curves since such studies have large amounts of data to draw on.
Answer the following statement true (T) or false (F)
What is the financial capital market? Who are the suppliers in the market? Who are the demanders?
What will be an ideal response?
The international institution that serves as a lender of last resort is called the
A) IBRD. B) WTO. C) IMF. D) World Bank. E) GATT.