If velocity is a constant, then the equation of exchange is an economic model
a. True
b. False
Indicate whether the statement is true or false
True
Economics
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Are bank lines of credit to small firms collateralized?
A) All of them are. B) Some of them are, especially if the firm is risky. C) Some of them are, especially if the firm is safe. D) None of them are.
Economics
A monopolist maximizes profits by producing where which of the following occur?
a. MC = P b. AC = P c. MC = MR d. AC = AR
Economics