What is the total cost of 120 units in Figure 21.2?
A. $9,600.
B. $10,560.
C. $24,960.
D. $34,560.
Answer: D
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The level of long-run aggregate supply is affected by all of the following except
A) changes in the capital stock. B) changes in the number of workers. C) changes in the technology. D) changes in the price level.
Women in the workplace seem to be narrowing the wage gap with males. What might be the cause of this shift during the past 25 years?
A firm that accepts deposits from savers, and then use these deposits to make loans, is a
a. money market multiplier b. Federal Reserve bank c. financial intermediary, such as a bank d. stock broker or bond broker e. fractional reserve holder
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a. True b. False Indicate whether the statement is true or false