Which of the following is likely a variable cost?
A. Hourly wages
B. Fuel
C. Raw materials
D. All of these choices are variable costs.
D. All of these choices are variable costs.
Economics
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What is the simple interest of a loan for $1,000 with 5 percent interest after 3 years?
(A) $150 (B) $1,150 (C) $50 (D) $1,050
Economics
The ratio that relates the change in the money supply to a given change in the monetary base is called the
A) money multiplier. B) required reserve ratio. C) deposit ratio. D) discount rate.
Economics