If the number of workers in a country is 12,000 and its income per worker is $380, its gross domestic product is ________
A) $524,000 B) $618,000 C) $4,560,000 D) $1,240,000
C
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The demand curve facing a firm is also the firm’s
A. total utility curve. B. average revenue curve. C. average utility curve. D. total revenue curve.
A telecommunication company divided into different divisions for residential and business Internet service is an example of
a. An M-form of an organization b. A functional organization c. An N-form organization d. All of the above
Good assumptions simplify a problem without substantially affecting the answer
a. True b. False Indicate whether the statement is true or false
A budget surplus
a. occurs when the government has debt equal to zero. b. causes government debt to increase. c. exists when government spending is greater than tax revenues. d. reduces the government's debt.