A firm should keep producing output as long as the marginal profit is greater than zero, no matter how small it is
a. True
b. False
Indicate whether the statement is true or false
True
Economics
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If the money supply is $2 trillion and velocity is 5, then nominal GDP is
A) $1 trillion. B) $2 trillion. C) $5 trillion. D) $10 trillion.
Economics
The time it takes for the policy actually to have an impact on the economy is called
A) the data lag. B) the recognition lag. C) the legislative lag. D) the implementation lag. E) the effectiveness lag.
Economics