Costs of production that change with the rate of output are
A) sunk costs.
B) opportunity costs.
C) fixed costs.
D) variable costs.
D
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In which decade did the United States begin experiencing large trade deficits?
A) 1960s B) 1990s C) 2000s D) 1970s
Some recent developments in financial research focus on ways to make portfolio allocations and other investment decisions in ways that largely ignore the possible gains but protect against large losses
These tools are designed to reflect ________ behavior among investors. A) risk neutral B) substitution C) loss aversion D) anchoring
Having free entry and exit in a market can help drive:
A. cost-cutting. B. innovation. C. quality improvements. D. All of these occur more often with free entry and exit.
The table above gives a nation's investment demand and saving supply schedules. It also has the government's net taxes and expenditures. The loanable funds market is in equilibrium when the real interest rate is
A) 7 percent B) 4 percent. C) 3 percent D) 6 percent. E) 5 percent.