To be considered employed, a person must have a full-time job
a. True
b. False
Indicate whether the statement is true or false
False
Economics
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When a firm is regulated so it uses an average cost pricing rule, the price
A) exceeds average total cost. B) equals marginal cost. C) is less than marginal cost. D) equals average total cost. E) equals marginal revenue.
Economics
Which of the following is used to calculate the standard of living?
A) real GDP/population B) ((real GDP in the current year - real GDP in previous year)/real GDP in previous year) × 100 C) the one-third rule D) real GDP/aggregate hours
Economics
A crucial national income accounting identity sets the government budget deficit equal to
A) S - I - NX. B) S + I - NX. C) S - I + NX. D) S + I + NX.
Economics
The multiplier is
What will be an ideal response?
Economics