The Articles of Confederation and Perpetual Union (1781) failed because they made governmental controls too restrictive and federal taxes too high
Indicate whether the statement is true or false
False
Economics
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Which of the following is a fixed cost?
A. Electricity B. Worker bonuses C. Mortgage on the building D. Steel to produce refrigerators
Economics
Because the price effect is smaller when there are _________ firms, each firm will increase its quantity by __________ before the price effect and quantity effect are equal.
A. more; more B. less; more C. similar; less D. more; less
Economics
What is the principal difference between a U-form and an M-form organization?
Economics
The OPEC-designed oil price increases caused the cost of producing almost everything in our economy to increase, resulting in
a. demand-pull inflation b. cost-push inflation c. deflation d. depression e. increased leveraged buyouts
Economics