Labor expenditures associated with carrying out an abatement process are considered to be part of
a. capital costs
b. fixed costs
c. operating costs
d. implicit costs
e. none of the above
c. operating costs
Economics
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If private investment of $100 is added to the economy, the equilibrium levels of income and consumption will change in which of the following ways?
A) Increase/Decrease B) Increase/Increase C) Increase/No change D) No change/Increase E) No change/No change
Economics
Although ________ currency is lighter than coins made of metals, a disadvantage arising from modern technology is the ease of ________
A) paper; transport B) commodity; counterfeiting C) fiat; transport D) paper; counterfeiting
Economics