In a fully employed economy, invention and discovery:
a. are automatic
b. are achieved through sacrifices in current consumption.
c. have negative opportunity costs.
d. All of the above are correct.
b
Economics
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In the Borda-count voting method, irrelevant alternatives are never an issue
Indicate whether the statement is true or false
Economics
The opportunity costs of the firm using its own funds are measured by the:
A) market interest rate. B) inflation rate. C) price level. D) menu costs.
Economics