"The line distinguishing external from internal goals can be fuzzy." Discuss
What will be an ideal response?
This statement is true. For example, employment target for export industries when export growth influences the ability of the economy to repay its foreign debts.
Economics
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In the long run, when price is less than average total cost for all possible levels of production, a firm in a competitive market will choose to exit (or not enter) the market
a. True b. False Indicate whether the statement is true or false
Economics
There is an inverse relationship between the required reserve ratio and the money supply
Indicate whether the statement is true or false
Economics