A possible problem of democracy
A) is moral hazard.
B) is protected property rights.
C) is mob rule.
D) none of these choices is a problem.
C
Economics
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When a firm is experiencing economics of scale, long run
a. average total cost is minimized, b. average total cost is greater than long-run marginal cost, c. average total cost is less than long-run marginal cost, d. marginal cost is minimized. e. none of the above
Economics
Which of the following would suggest that monetary policy is restrictive?
a. falling commodity prices b. depreciation of the foreign exchange value of the dollar c. a rising M1 money supply d. an increase in the rate of inflation
Economics