If you pay a very high price for a good or service, you _____ (are/are not) getting ripped off.
Fill in the blank(s) with the appropriate word(s).
are not
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The marginal propensity to consume is always
A) equal to zero. B) less than one. C) equal to one. D) greater than one.
As the level of output increases, what happens to the value of average fixed cost, and what happens to the difference between the value of average total cost and average variable cost?
What will be an ideal response?
When net capital flows are negative
A) net foreign investment is negative. B) capital inflows are less than capital outflows. C) capital outflows are less than capital inflows. D) A and B are both correct.
The reason why some economists believe that attempts by the Fed to surprise the public in a systematic way cannot be successful is that
A) information about the Fed's plans will inevitably be leaked to the public. B) the Fed announces its goals before Congress and publishes its policy actions in the Federal Reserve Bulletin six weeks after they take place. C) the public would eventually figure out what the Fed's policies were, negating the Fed's surprise. D) competition in the money markets would neutralize the Fed's intervention.