This profit-maximizing firm produces a quantity of about ________ units.
A. 40
B. 45
C. 50
D. 55
C. 50
Economics
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If the MPC in an economy is 0.75, government could shift the aggregate demand curve leftward by $60 billion by
A. reducing government purchases by $60 billion. B. reducing government purchases by $12 billion. C. increasing taxes by $15 billion. D. increasing taxes by $20 billion.
Economics
Someone in Germany has just ordered a U.S. car to be exported to Germany. In the U.S. balance of payments, this purchase is a(n)
A) accounting identity. B) special draw. C) surplus item. D) deficit item.
Economics
The International Monetary Fund was established to manage the Bretton Woods System
a. True b. False Indicate whether the statement is true or false
Economics
What is meant by accommodation?
Economics