The aggregate demand curve slopes downward because of the real balances, interest-rate, and net exports effects
a. True
b. False
Indicate whether the statement is true or false
True
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A firm maximizes its profit by producing the amount of output such that
A) marginal revenue equals marginal cost. B) marginal revenue exceeds marginal cost by some amount. C) marginal revenue is maximized. D) marginal cost is minimized. E) marginal revenue exceeds marginal cost by the maximum amount possible.
An advantage of a corporation is
A) the ability to raise large sums of financial capital. B) unlimited liability on the part of shareholders. C) the fact that ownership and control are never separated. D) the fact that the corporation is dissolved when one of its owners dies.
Both the social sciences and the natural sciences employ ________ to help them understand the world around them.
A. implications B. models C. experiments D. traditional thinking
Health care expenditures coming directly out of consumers' pockets, primarily in the form of deductibles and copayments, account for what percent of U.S. health care spending?
A. 17 percent. B. 33 percent. C. 50 percent. D. 83 percent.