The amount of price inflation that the economy experiences eventually depends on the size of the spending multiplier.
Answer the following statement true (T) or false (F)
False
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If Andre Preneur puts together a company that yields a profit of $40,000 per year and this profit stream is expected to continue indefinitely, what price can he sell the company for if the discount rate equals 8 percent?
a. $40,000 b. $60,000 c. $100,000 d. $250,000 e. $500,000
One economically efficient way to eliminate the Tragedy of the Commons is to
a. tax the owners of the resource. b. prevent anyone from using the resource. c. reduce the marginal social benefit of the resource. d. establish private ownership of the resource.
The accompanying table shows a pizzeria's fixed cost and variable cost at different levels of output. Pizzas sell for $20 each.Number of Pizzas Per DayFixed Cost ($/Day)Variable Cost ($/Day)050002550015050500250755004501005008501255001,650 When the pizzeria makes 125 pizzas per day, its total revenue is ________.
A. $1,250 B. $125 C. $20 D. $2,500
"Supply-side" economists argue that increased regulations on firms by the government will......
What will be an ideal response?