Tools used by economists include
a. historical study.
b. mathematical reasoning.
c. statistical inference.
d. All of the above are correct.
d
Economics
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If total cost at Q = 0 is $100 and total cost at Q = 10 is $500, then average variable cost at Q = 10 is
a. $500 b. $400 c. $50 d. $40 e. $10
Economics
Which of the following is most sensitive to monetary policy?
a. Government expenditure b. Consumption spending c. Utility spending d. Investment spending
Economics