If marginal profit is negative when the firm produces one more unit, then the firm is currently maximizing profits.
Answer the following statement true (T) or false (F)
True
Economics
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The multiplier applies to:
A. investment but not to net exports or government spending. B. investment, net exports, and government spending. C. increases in spending but not to decreases in spending. D. spending by the private sector but not by the public sector.
Economics
Which of the following countries received the largest amount of emigrant remittances in 2011?
A. India B. Mexico C. Philippines D. China
Economics