The __________________is the sum of the fixed and variable costs.

Fill in the blank(s) with the appropriate word(s).


Ans: total cost

Economics

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In the table above, the number of unemployed people is

A) 2,000. B) 3,000. C) 1,000. D) 1,100. E) 11,000.

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The rising cost of malpractice insurance is one of the leading causes of the increase in health care spending as a percentage of GDP in the United States

Indicate whether the statement is true or false

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An argument against inflation targeting is that

a. the Fed does not completely control inflation. b. it rules out stabilization policy. c. puts too much emphasis on low inflation. d. All of the above

Economics

In real life, people's behavior is constrained by:

A. laws of nature. B. legislated rules of society. C. costs of various actions. D. All of these are rules that constrain people's behavior.

Economics