Investments
A. are more profitable when interest rates rise.
B. are less profitable when interest rates rise.
C. are more profitable when economic rents rise.
D. are less profitable when economic rents rise.
Answer: B
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The difference between a savings deposit and a time deposit is
A) time deposits pay no interest. B) savings deposits pay no interest. C) time deposits have specified maturities. D) savings deposits have specified maturities.
If an oligopolist cuts the prices of its products,
a. customers will switch to a rival firm. b. customers will remain unchanged in number. c. customers will switch from rival firms to buy from them. d. rival firms will not react.
The "bubble concept" as employed by the Environmental Protection Agency
What will be an ideal response?
Refer to the short-run information provided in Figure 8.5 below to answer the question(s) that follow. Figure 8.5 Refer to Figure 8.5. If seven drones are produced, average variable costs are
A. $2.86. B. $14.29. C. $20. D. $21.43.