Question
Please help me with this, 5. The best production decisions are made considering past benefits and past costs; marginal decision making is too hard as
Please help me with this,
5.
The best production decisions are made considering past benefits and past costs; marginal decision making is too hard as the future cannot be certain.
True
False
6.Monetary policy is used to promote reasonable growth, price stability, and full employment through the use of government spending and either reducing or increasing taxes.
True
False
17.The increase in total costs required to produce one additional unit of output is referred to as________________.
25.
Which money supply definition only includes coin, currency, checkable deposits, and near monies.
M1
M2
M3
M4
26.
A rightward shift in the aggregate supply curvve should result in
lower price level and a higher unemployment rate.
lower price level and a lower umemployment rate.
higher price level and a greater unemployent rate.
27.The part of the business cycle in which output, or Real GDP, increases and cyclical unemployment decreases is the__________________.
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