Which of the following was not one of the reasons that a Big Push might be necessary?
a. finding foreign markets for export
b. indivisibility of investments
c. long gestation period of investments
d. lack of local entrepreneurs
e. none of the above were reasons for a Big Push
A
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A) his income and the prices of the goods that he consumes. B) his preferences for consumption of the goods that he consumes. C) the prices of the goods that he consumes only. D) his income only.
Quantitative easing involved Fed purchases of long term securities rather than short term securities
a. True b. False Indicate whether the statement is true or false
If an individual perfectly competitive firm charges a price above the industry equilibrium price, it will
A. sell part of what it can produce and gain less revenue than competitors will. B. not sell any of what it produces. C. sell all that it can produce and gain equal revenue with competitors. D. sell all that it can produce and gain more revenue than competitors.
If marginal cost is above the average variable cost, then average variable cost is decreasing
Indicate whether the statement is true or false