The specific technology chosen by a profit-maximizing clothing manufacturer depends on
A. demand for the output.
B. supply of the output.
C. input prices.
D. output prices.
Answer: C
Economics
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To increase the quantity of money in the economy, the Federal Reserve can
A) print more money and give it to the banks. B) increase the required reserve ratio. C) buy government bonds in an open market operation. D) sell government bonds in an open market operation. E) cut taxes.
Economics
Who once said that taxes are the price we pay for a civilized society?
a. Aristotle b. George Washington c. Oliver Wendell Holmes, Jr. d. Ronald Reagan
Economics