Which of the following is NOT considered to be an economic resource?
A) an engineer
B) a company truck
C) a local gas station
D) a view of the moon on a clear night
Answer: D
Economics
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If the interest rate were to rise, we expect that
A) autonomous expenditures will rise. B) the supply of money will fall. C) the amount of money people want to hold will rise. D) the amount of money people want to hold will fall.
Economics
Using only marginal revenue and marginal cost, we can determine whether a firm is incurring a profit or a loss.
Answer the following statement true (T) or false (F)
Economics