If increasing returns is in effect
A) average costs rise.
B) marginal costs rise.
C) marginal costs fall.
D) average revenue is constant.
C
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When a U.S. company purchases $1 million worth of French cheese, the value of that transaction is recorded in the
A) current account. B) capital and financial account. C) transfer account. D) investment account. E) goods account.
In the United States in 2012, the number of new, diagnosed diabetes cases was lowest for people in the age range of ________, and the rate of new diabetes cases per 1,000 people was lowest for people in the age range of ________
A) 65 and older; 20-44 B) 20-44; 20-44 C) 45-64; 65 and older D) 45-64; 45-64
Restaurant provide discounts to seniors because
a. They have a less-price elastic demand b. They have a more-price elastic demand c. They are the main source of income d. None of the above
Which of the following policies would be most likely to reduce the rate of inflation?
a. sale of government bonds by the Federal Reserve b. a reduction in the discount rate c. an increase in the size of the federal budget deficit d. a reduction in the required reserves imposed on the banking system