Assume that the federal government wishes to counteract inflation with a policy that has the smallest impact on the federal budget. Which of the following would you recommend?

a. Increase transfer payments.
b. Increase government purchases.
c. Decrease government purchases.
d. Decrease transfer payments.
e. Increase personal income taxes.

c

Economics

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A business incurs the following costs per unit: Labor - $125/unit; Materials $45/unit and rent - $250,000/month. If the firm produces 1,000,00 . units a month, the total variable costs equal

a. $125Million b. $45Million c. $1Million d. $170Million

Economics

If a corporation fails, the first recipients of funds that may remain are

A) preferred stockholders. B) common stockholders. C) bond holders. D) no one.

Economics