In order to maximize net benefits, the managerial control variable should be used up to the point where:
A. net marginal benefits equal zero.
B. total costs equal total benefits.
C. average costs equal marginal benefits.
D. average benefits equal marginal costs.
Answer: A
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Comparatively speaking, buildings are more likely to be physically ________ in regions where land prices are relatively ________
A) taller; low B) shorter; high C) taller; high D) shorter; stable
Spending for ______ is heavily influenced by international tensions.
a. Social Security b. local grants c. transfer payments d. defense
A general formula for the multiplier is
A) 1/(1-MPS) B) 1/(MPC) C) 1/(MPS) D) 1/(MPC-1)
Both ______ and _______ targeted the huge American consumer market as a way to build up their own manufacturing base.
Fill in the blank(s) with the appropriate word(s).