Inventory investment is
a. never positive.
b. often negative.
c. can be either negative or positive.
d. always positive.
C
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If a firm shuts down in the short run it will
A) break even. B) suffer a loss equal to its fixed costs. C) declare bankruptcy. D) suffer a loss equal to its variable costs.
The unemployed are those people who
A. are not employed but are seeking work. B. are not working. C. are not in the workforce. D. do not have jobs.
If the exchange rate is 0.8 euro per dollar, one dollar is equal to 1.25 euros
Indicate whether the statement is true or false
The above figure shows the relationship between the price of a slice of pizza and how many slices of pizza Ricardo buys in a week. Between points A and B, the slope of the line equals
A) -5. B) -4. C) -3. D) -1. E) -2